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…
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