He, however, predicted that competition between foreign and local producers would fade out due to prolonged closure of land borders. It added that a prolonged closure of the land borders would lead to higher agricultural output in 2020. To unlock the potential of the Nigerian economy, the chamber proposed the promotion of economic inclusion through a right mix of fiscal, monetary and investment policies, regulations and institutions. “The potential for growth of the Nigerian economy is immense, but we should not remain a nation of potential. “Growth in private investment will boost employment, impact on revenue, promote social stability and enhance the welfare of citizens.

Source: The Guardian December 30, 2019 04:30 UTC