NEWS: Nigeria Needs $50bn FDI To Achieve Single-digit Inflation – Analyst

Nigeria Needs $50bn FDI To Achieve Single-digit Inflation – Analyst

The federal government needs to attract foreign direct investment (FDI) of at least $50 billion to rein in inflation to five  per cent in 2025, according to Ayo Teriba, a well known economist and CEO of Lagos-based Economic Associates.

Teriba who featured on a programme on Arise TV Wednesday said the country’s net reserves needs to also expand after which the country’s macroeconomic conditions may begin to moderate.

The economist’s assertion comes against the backdrop of…

>

Leave a Reply

Your email address will not be published. Required fields are marked *