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Saturday, 26 November 2016

Only 3 Policies Can Take Nigeria Out of Recession - Emir Sanusi Insists

Former governor of the Central Bank of Nigeria and renowned economist, Sanusi Lamido has suggested viable routes Nigeria can take to survive recession.

Emir of Kano, Muhammadu Sanusi II, has stated for yet another time the three sure steps that would take Nigeria out of its current econimic situation.

Sanusi spoke at the 42nd convocation of the University of Benin, Edo State.

He urged Nigerians not to use God as an excuse for failure, adding that one “must not attribute to God that which God has left for us.”

He identified the three steps as putting up the right monetary, fiscal and structural policies to address the biting recession.

The emir, who is the chancellor of the university, said, “If you want to deal with a recession, there are things you have to do, which are set out in economics. You (should) go and do them. Put in the right monetary policy; put in the right fiscal policies; put in the right structural policies and the economy will grow.”

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