#NES24: Economic Questions for Nigeria’s Transition from Poverty to Prosperity – Dr. Doyin Salami


Wednesday, October 24, 2018 2.00PM / Bukola Akinyele, Proshare WebTV


At the 24th edition of the Nigeria Economic Summit which focused on the theme “Poverty to Prosperity: Making Governments and Institutions Work” Dr Doyin Salami an economist and Chairman, NESG Board on Economic Research was a panelist at the discourse on “Ending The Vicious Cycle”. 

He shared with stakeholders, his perspectives and raised two economic questions Nigeria must address as it seeks to address poverty and achieve sustainable growth 

Dr. Doyin Salami said, Nigeria needs to answer two questions very quickly. The first one according to him is What role will price mechanism play in resource allocation?  

He was of the view that Nigeria cannot continue to run away from a scenario that is afraid of prices. 

The second question raised by the economist was What is the role of private capital?  Which according to the Lagos Business School scholar, the Nigerian government at various levels have neither been empathetic nor understood private capital. 

Salami noted that without being able to deal with the issues of price mechanism and private capital investments, the theme around poverty to prosperity in Nigeria will remain yet ephemeral.


Related Video

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News

1.#NES24: Improved Education Is Crucial If We Must End Poverty - VP Yemi Osinbajo

2.Poverty to Prosperity: Making Governance and Institutions Work Starts Today

3.#EndPoverty:9 Ways Nigeria Should Address Poverty

4.September 2018, Nigerian Inflation:5 Key Takeaways

5.A Robust Surplus On The Current Account

6.Headline Inflation Increased by 11.28% in September 2018; 0.05 Higher Than August 2018 Rate

7.IMF’s Forecast on Nigerian Economy Unimpressive – FSDH Research

8.NCDMB Partners Dangote Refinery on Local Content Implementation

9.Weekly Economic and Financial Commentary – WE 12th Oct, 2018

Related News