Economic Associates Hosts Conference on Nigeria's Economic Outlook

Economic Associates (EA) will host a one day conference on Nigeria's Economic Outlook on Thursday, 29 September 2016 at Radisson Blu Hotel and Anchorage, Ozumba Mbadiwe Street, Victoria Island, Lagos.

According to Dr. Ayo Teriba, the MD/CEO of Economic Associates, the conference will give an insight to economic and financial decision-makers on how to tackle the recession the country is currently going through.

In a release announcing the conference, EA stated that quite surprisingly, inflation, devaluation, and recession have come to dominate Nigeria’s economic news in 2016. These, the company believes, were avoidable, they should never have occurred, and remain easily manageable.

The release stated further that, indeed, the silver linings are the many usable, potent, but yet to be used, economic policy ammunition that are readily at the disposal of government:

• The central bank could ease its tight policy stance to give recovery a chance
• The federal government could break its own monopoly and let investment flood into all infrastructure sectors, like telecoms
• Explore numerous self-funding opportunities for infrastructure that could provide the big push to boost recovery and also improve Federal and States’ fiscal situation.

It is also true that the severity of the current downturn will only spur government to pull some or all of the available policy levers, preferably based on a holistic, well synchronized, reform package that emphasizes supply push, rather than demand restriction or price adjustment.

This is why 2017 may hold a sharply contrasting outlook to 2016, and most likely turn out to be a year of many green shoots for Nigeria, with numerous bright shining lights at the end of the tunnel.

The conference is targeted at CEOs, EDs, Senior Government Officials, Analysts and Diplomats. Participants will evaluate the implications of different reform scenarios for the outlook.

According to EA, this event is by prior reservation only and all reservations are subject to confirmation by Economic Associates. Summaries of the information to be discussed will be made available to confirmed participants ahead of the event.

For more information, interested participants are requested to please call Omotola on 0703 344 2370, 0809 071 3133, or e-mail info@econassociates.com or visit the company's website to download a registration form.