Business Okonjo-Iweala Advises Buhari About Nigeria’s Economy
Nigeria - Coordinating Minister for the Economy and Minister of
Finance, Dr. Ngozi Okonjo-Iweala, has at a session of the Council on
Foreign Relations in Washington DC given the incoming administration
of Gen. Muhammadu Buhari some advice about Nigeria's economy, ThisDay
reports.
Dr. Okonjo-Iweala urged Gen. Buhari to muster the political consensus
on how to build fiscal buffers like the Excess Crude Account (ECA),
noting that had the ECA not been depleted, the current economic
difficulties occasioned by the fall in oil prices would have been
mitigated.
The minister also advised the new administration to pursue a policy of
aggressive diversification of the economy and focus more on
agriculture and non-oil revenue sources.
#Nigeria #Okonjo #Buhari
Finance, Dr. Ngozi Okonjo-Iweala, has at a session of the Council on
Foreign Relations in Washington DC given the incoming administration
of Gen. Muhammadu Buhari some advice about Nigeria's economy, ThisDay
reports.
Dr. Okonjo-Iweala urged Gen. Buhari to muster the political consensus
on how to build fiscal buffers like the Excess Crude Account (ECA),
noting that had the ECA not been depleted, the current economic
difficulties occasioned by the fall in oil prices would have been
mitigated.
The minister also advised the new administration to pursue a policy of
aggressive diversification of the economy and focus more on
agriculture and non-oil revenue sources.
#Nigeria #Okonjo #Buhari
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