The former minister also advised the government to focus on the basics
of macroeconomic stability, adding that it is key to rebuilding
Nigeria’s economy.
Former minister of finance, Dr. Ngozi Okonjo-Iweala has proffered some solutions to the current economic crisis rocking Nigeria.
Okonjo-Iweala made the recommendations on an Al-jazeera interview program – The Stream.
According to Premium Times, she said “If
you don’t pay attention to the fundamentals of having a stable and good
exchange rate policy, inflation under control, manageable fiscal
deficit and debts, there will continue to be trouble in the economy.”
The
former minister also advised the government to focus on the basics of
macroeconomic stability, adding that it is key to rebuilding Nigeria’s
economy.
She also declined to answer a question posed to her, on her top three priorities, if she was the minister of finance, saying: “I
have contributed the best I could to the country. It is still the most
interesting country in the world. It is better to leave those who are
managing now to say what they would do.
“All
I can say is that there are solutions. Nigeria is a vibrant country. I
love it so much. I know it is going to come out of this one way or
another.”
When asked if she would serve
in President Buhari’s cabinet, if called, the former minister also said
“One of the things you learn as you get wiser is to talk less as you
grow older.
“I have spent my time
contributing to the country. It will be better to leave those managing
the economy to do what they know how to do.
“I
served my country for seven years and it was a great honour. The second
time was very tough, but it was still an honour. I am not the only
person who is a repository of knowledge. There are other people who can
equally try their hands in running the economy.”
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