Nigeria economy requires urgent and emergency response – says LCCI

Director-General of the Lagos Chamber of Commerce and Industry (LCCI) Mr. Muda Yusuf said last night that he supports any measure that will yield the needed result to fix the economy. He said the economy required urgent and emergency response to battle pervasive poverty and hunger.

He said: “We are in an unusual situation and we need to take drastic steps to fix the problems. The challenges facing the country now are multifaceted; there is the disruption in oil and gas sector due to militancy and insecurity in almost every part of the country. The government needs to urgently restore the hope of the citizens by coming up with plans to assure people that the pressure and pain they are witnessing now will not be forever”.

Yusuf said “it is time to think outside the box,” noting that whatever policy the president has been implementing in almost all sectors of the economy has not yielded the desired result.

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