Experts advise FG on post-recession management
The experts, who spoke at the monthly seminar of the Ibadan School of Government and Public Policy (ISGPP), titled, “Transiting from Bust to Boom: Fiscal, Financial and Infrastructure Options” bemoaned various government properties, rotting away in different parts of the country and wondered why such assets could not be utilized to raise funds.
Presenting a lead paper at the Seminar, the Chief Executive Officer (CEO), Economic Associates, Dr Ayo Teriba noted if “breaking government monopoly by licensing new entrants have worked in the telecoms sector, it confirms it can also work in the rail and road transport, health, education and sports”.
By liberalizing some sectors, embracing joint ventures as done in the oil and gas sectors and partially or wholly privatizing assets, government will realize the revenue needed to shore up foreign reserves, boost non-oil revenue, build more infrastructures and also widen access to finance for the Nigerian business people.
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