As Nigeria navigates the current socio-economic challenges of rising inflation, revenue challenges, rising debt servicing costs, rising misery index and unemployment, the Minister of Finance, Budget and National Planning Mrs. Zainab Ahmed and Mr. Olufemi Awoyemi, mni Chairman of Proshare speak on the state of the economy and related issues.
This 2-man format interview was conducted by NTANews24’s Claire Abdulrazak and aired on their ‘Late Edition’ programme on Monday, August 08, 2022.
Key issues discussed include:
- The direction and state of the economy and how the Nigerian government is responding.
- How twin impact of insecurity and decline in national productivity and its effect on Nigeria’s revenue lines from both oil and non-oil sectors.
- The state of efforts at delivering effective resource management and allocation in Nigeria.
- Bridging the gap in coordination between fiscal and monetary policy authorities.
- The burden of subsidy payments and impact on public finance
- How Nigeria can reposition itself for global competitiveness through Human Capital, financialization, and reforms.