Just In: President Buhari Summons Experts to 'Economic War Room' in Lagos...See Details

In a bid to rescue the nation's economy in recession and from its prevailing harsh challenges on majority of Nigerians, President Muhammadu Buhari has summoned experts and analysts to an economic war room.

President Buhari all smiles at his Aso Rock office

 

As many prominent Nigerians have recently called on the presidency to declare a state of emergency and tackle the economic recession which has brought nothing but suffering and pains to many Nigerians, President Muhammadu Buhari has finally summoned experts and analysts to an “economic war room” to save the economy from prevailing challenges.

 

According to a report by TheCable News, major economists were billed to  converge at the Intercontinental Hotel in Lagos on Thursday morning, to have a policy dialogue on the current foreign exchange regime.

 

It was gathered that the dialogue which was to be hosted by British High Commission and the Nigerian Economic Summit Group (NESG), was cancelled at the last minute.

 

According to one of the organisers, the panelists for  the dialogue, were summoned by the president to an “economic war room for saving the economy”.

 

The dialogue was to be attended by stakeholders from the Central Bank of Nigeria (CBN), ministry of trade, ministry of finance, Bank of Industry (BoI), SMEDAN and Nigerian customs, private sector groups like business owners and consumer protection groups.

 

Earlier, Muhammad Sanusi II, Emir of Kano, and Matthew Kukah, Catholic Bishop of Sokoto diocese, called on the government of President Muhammadu Buhari ‎to seek the advice of experts in tackling the current economic crisis, and ‎refrain from giving excuses.

“We didn’t vote a government to complain about yesterday. If we wanted yesterday, the new government would not be there. It is really about taking responsibility. No matter how much you praise or abuse Jonathan, he is not the president of Nigeria,” Kukah had said.

 

Bishop Kukah also urged Buhari to engage constructively with Nigerians on the state of the economy and seek feasible plans out of current economic challenges.