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Full Report: NESG v CBN: Beyond the Battleground - The Need for Facts, Perspective and Resolution

Oct 04, 2020   •   by Proshare Research   •   Source: Proshare   •   eye-icon 370 views

Differences between family members comes with the territory, Holding different opinions is not a sign of war but the construction of sustainable peace and progress

The recent public brickbat between Nigeria's banking sector regulator and the country's premier private-sector economic think tank, the Nigeria Economic Summit Group (NESG) reflects the passion and overwhelming concern both institutions have for the wellbeing of the Nigerian economy.

The sword-rattling between the two institutions signposts the unraveling of a long-standing friendship that existed between the two previous buddies which perhaps helped the organizations ignore the floating smoke coming from the economy's engine. The fact that the NESG has only just become aware of the dangers of a few economic headwinds is just as significant (and frustrating) as the private think tank pointing out the problems of the economy to its regulator associate.

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