The new National President of the Association of National Accountants of Nigeria (ANAN) Dr. James Neminebor, said that the only way out for economic recovery
“There is no country that is not into debt, but what is our production? That you have this very huge debt profile does not mean that you will pro rata the debts and pay yearly. In accounting, even product that you have, after selling you can buy it back. You can buy back your debt, renegotiating the interest rates and before you go into negotiation, what do you have to offer that country?“Nigeria should offer good service.
“So, if they are able to properly calm the nerves of the people of South South, they have not seen anything; there’s plenty of oil particularly gas. We have the potentials to make money and reduce the oil well; discuss, negotiate, embrace the people of South South.“The greatest pain of the people of South South are roads. If they are able to create roads, they can take the oil the way they like.
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