Lagos, NG • GMT +1
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Fiscal authorities in Nigeria have been advised to explore connecting its local assets to global liquidity, as an avenue for boosting liquidity and revenue flows.
Dr. Ayo Teriba an economist and CEO of Economic Associates made this point in a discourse on "Addressing the Constraints to An Investment-led Nigerian Economy".
According to him boom and burst cycles have always defined the income of governments, which consists of income and balance sheet.
He noted that most governments are stranded on income statement and need to diversify their revenue streams to keep a healthy and stable polity.
Teriba said Nigeria should prioritise robust strategic privatization plan, which includes listing their assets in the capital markets to enhance corporate governance, transparency and accountability.
Watch Video Courtesy WebTVNG
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