NIGERIA TO SUFFER ECONOMIC HARDSHIP WITHOUT PRIVATE SECTOR PARTICIPATION

Written by on September 3, 2019

The Chief Executive Officer, Financial Derivatives Company
Limited, Bismarck Rewane says Nigerians will experience more
economic hardship if the government refuses to give the private
sector opportunity to contribute to building the nation.
Speaking at a public function in Lagos, Rewane said that many
countries are heading into recession because of the huge debt
incurred by their government as well as the accrued interest
He said any economy solely run and dominated by the
government is bound to be inefficient, no matter who runs the
government.
He said private sector-led activities will liberate the economy,
create jobs and reduce the burden on government, if it is allowed
to thrive through the provision of an enabling business
environment.


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