Economic experts and analysts has been summoned to an “economic war room” to save the economy from prevailing challenges.
According to Thecable news, Major economists converged at the Intercontinental Hotel, Lagos, on Thursday morning, to have a policy dialogue on the current foreign exchange regime hosted by British High Commission and the Nigerian Economic Summit Group (NESG), was cancelled at the last minute.
According to one of the organisers, the panelists for the dialogue, were summoned by the president to an “economic war room for saving the economy”.
The dialogue was to be attended by stakeholders from the Central Bank of Nigeria (CBN), ministry of trade, ministry of finance, Bank of Industry (BoI), SMEDAN and Nigeria Customs Service, private sector groups like business owners and consumer protection ground.
This is coming after Matthew Kukah, Catholic Bishop of Sokoto diocese(kkl, also called on the president to refrain from giving excuses while Muhammad Sanusi II, emir of Kano, asked Buhari to seek the advice of economic experts to bring an end to the current economic crisis.
On August 31, the National Bureau of Statistics (NBS) confirmed the depth of Nigeria’s economic recession, with Vice President Yemi Osinbajo, asking Nigerians to keep calm “as the government was working of saving the economy.