TOO MUCH OF INFLATION IS AMONG THE CAUSES OF NAIRA
DEPRECIATION, WHICH AGAIN IS CAUSED BY DEBT FROM THE WORLD BANK. AND GOVER-
MENT HAS NOT PUT IN PLACE A PRICE REGULATING BOARD AND STILL
IMPORTS OIL FROM OVERSEAS.
BASICALLY,THERE ARE SO MANY MEASURES TO BE CONSID-
ERED,TO AVOID ALL THE ABOVE FACTORS. CERTAINLY IMPL-
THE SERVICES OF ECONOMIST ANALYST.
ALSO,GOVERNMENT HAS TO PUT MUCH RESOURCES INTO
PRIVATE SECTOR BECAUSE IS THE ENGINE GROWTH OF
ANY SOCIETY, AND AVOID CORRUPTION, EMPOWER AGRIC-
ULTURAL SECTOR,PROVIDE ENABLE ENVIRONMENT FOR
FOREIGN INVESTORS.
GOVERMENT NOT TACKLING POVERTY
HOWEVER, NIGERIA OIL SERVE AS THE MAJOR SOURCE OF
REVENUE BUT YET FOREIGN RESSEVE IS DEFICIT,AND ALSO
GOVERNMENT IS NOT REALLY TACKLING POVERTY BY PRO-
VIDING LOAN SMES AND SUPPORTING LOCAL INDUSTRIES
AND ENSURING PROMPT PAYMENT.
SIMILARLY,EDUCATION SECTOR HAS TO BE CONSIDERED TO HAVE LABOUR FORCE,AND LASTLY PROVIDE SECURITY FOR FOREIGN INVESTORS TO COME AND INVEST IN THE COUNTRY.
ALI AMINU FALAKI
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