25.01.2016 - How Nigeria can survive economic downturn, by NLC, NES, others
The establishment of a Stabilisation Fund can help the country get out of its economic downturn, a report has said. The report, which was put together by a group, which includes the Nigeria Labour Congress (NLC) and the Nigeria Economic Society (NES), added that Nigeria is occupying the 55th position of 69 nations rated for savings and investment. The depletion of the Excess Crude Account (ECA) when oil prices were high was also said to have contributed to the financial meltdown which the nation is facing. These facts are contained in a report by 43 groups under the auspices of the Citizens Wealth Platform(CWP)...............................................Full Article: Source
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