DAILY POST
A former chairman of the Nigerian Bar Association, NBA, Olisa Agbakoba, SAN, has said that the economy is beginning to turn, showing signs of recovery.
This is even as he suggested that the turning points now witnessed in the economy is due to the efforts of just two persons – Aliko Dangote and Allen Onyema, CEO Dangote Group and CEO of Air Peace Airlines, respectively.
He said the forex market reacted to Dangote Refinery commencing sales of diesel and Air Peace flying to the UK, as the Naira strengthened against the dollar.
Agbakoba, who said that Nigeria’s economy has gone through very challenging times over the past year, noted that inflation reached 28.92 per cent in December 2023, the highest in 27 years.