P
ProfRem
Guest
Economic experts across the country have given a projection of the economy of the Nigeria in 2018.
Many have predicted better performance of the Nigerian economy in the mew year.
A financial analyst and head, Department of Banking and Finance at the Nasarawa State University, Keffi, Dr. Uche Uwaleke, said there will be tangible improvements in the economy going by the various parameters that support the countries revenue sources such as oil prices.
Another financial expert, Usman Bello, said the major developments in the economy in 2018 will be basically in the stability of policies especially in the non-oil sector which is line with the Federal Government’s initiative on Economic Growth and Recovery (ERGP).
Similarly, a World Bank analyst Dr. Raymond Asemakaha, predicted that economic activities in the first quarter will not pick up immediately in the non-oil sector as expected but will record a pick in economic activities that will be occasioned by release of funds for several projects in the agricultural, manufacturing as well as the mining sector.
Asemakaha however cautioned on the need for government to be innovative in boosting its revenue projections through designation of funds to important projects that will boost the county’s economy and also adopt cost saving measures in order to reduce huge sums of monies spent on recurrent expenditure
Many have predicted better performance of the Nigerian economy in the mew year.
A financial analyst and head, Department of Banking and Finance at the Nasarawa State University, Keffi, Dr. Uche Uwaleke, said there will be tangible improvements in the economy going by the various parameters that support the countries revenue sources such as oil prices.
Another financial expert, Usman Bello, said the major developments in the economy in 2018 will be basically in the stability of policies especially in the non-oil sector which is line with the Federal Government’s initiative on Economic Growth and Recovery (ERGP).
Similarly, a World Bank analyst Dr. Raymond Asemakaha, predicted that economic activities in the first quarter will not pick up immediately in the non-oil sector as expected but will record a pick in economic activities that will be occasioned by release of funds for several projects in the agricultural, manufacturing as well as the mining sector.
Asemakaha however cautioned on the need for government to be innovative in boosting its revenue projections through designation of funds to important projects that will boost the county’s economy and also adopt cost saving measures in order to reduce huge sums of monies spent on recurrent expenditure