Economy and Politics: Why a Computerized National Asset Register is Good for Nigeria
This edition of the Economy and Politics features Dr. Ayo Teriba, the CEO of Economic Associates. As he speaks on "Nigeria and the Pathway to Sustained Economic Growth."
Teriba urged the Federal Government to set up an inter-ministerial committee to develop a computerized "National Asset Register." He noted that the register would enable local and foreign investors to access information around national assets and identify the potential for private investment.
Dr. Teriba noted that it was a pleasant development as the country needs to know the value of its national assets and use the database to reinvigorate previously idle resources.
The economist said that optimizing Nigeria's public assets through liberalization, commercialization or securitization would enable the country to achieve debt sustainability, attract equity and unlock revenue.