An Abuja-based policy think tank, Agora Policy, on Monday, urged the Federal Government to undertake swift and audacious reforms to stop the rapid decline of the economy and its negative impact on the citizens.
In a report titled, ‘Options for Revamping Nigeria’s Economy’, the think tank prescribed solutions to the country’s economic woes and advocated the need for necessary efficient economic drivers.
The report listed deft economic management, strong political will, effective communication and trust building among the solutions to Nigeria’s economic woes.
The report maintains that despite posting positive GDP growth in six consecutive quarters and having the biggest GDP in Africa, Nigeria’s economy is not in sound health.
“Many of the macro-economic fundamentals have worsened and the level of inclusive development is low,” the report which analysed Nigeria’s economic datasets from 2011 to 2021 states.
“Nigeria needs to undertake…
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