Monday, October 24, 2011

A FAILURE TO ACT ,AND ACT NOW……


   
The government should focus on the projects that will improve the business climate, in the country. It is very clear that the government do not have the willing power to address the infrastructural problems in the country. They most involve the private sector by providing a level play ground.

There is no way the private sector can come into an economy that is full of bump holes, of negative ratings. A country where there is infrastructural deficiency followed by high cost of transactions can not attract private investors.
A country such as Nigeria that has bottle neck, coupled with environmental hurdles to do business will never attract private participation in providing infrastructures.

No nation can have stability without having MICRO ECONOMIC STABILITY.
This will ensure that your fiscal activities correctly ordered, well prudential and with a good monitory policy that check mate inflation.


The government alone cannot address the infrastructure problem; it is going to involve the private sector, so there is need to have public private partnership.

The private sector cannot come into an economy where there is negative rating; it cannot come into a country where there is infrastructure deficiency and where the cost of transaction is too high. They will not come into a country that has a key bottleneck and in an environment with many hurdles in doing business.

I see future happiness in Nigeria if only the people can prevent the government from wasting and looting the treasury  under the pretense of taking care of the economy. Let us know that a bad situation could become dramatically worse. Nigeria  economy is in desperate straits. A failure to act, and act now, will turn crisis into a catastrophe.

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