The former Governor of the Central Bank of Nigeria
(CBN), Professor Charles Soludo, and a panel of experts would today, Wednesday
in the evening, share their practical solutions to Nigeria’s current economic
crisis in a special event organised by The Royal African Society, in
partnership with Creation TV and The Frontline Club in central London, reports
ITRealms.
Correspondent reports that the series is the brainchild
of award-winning broadcaster, Funmi Iyanda and is on its second year, thus, How
to Fix Nigeria brings together a broad range of speakers to discuss practical
solutions to Nigeria's contemporary challenges.
The current series, ITRealms gathered that Professor Soludo
would be joined by well-known commentator on Nigerian economic affairs, Feyi
Fawehinmi, and Head of Africa Country Risk at IHS, Natznet Tesfay, to delve
into the currency crisis and its deeper structural problems.
Also noted, Iyanda would lead the discussion unpacking
the current economic climate in Nigeria from deindustrialisation and over
dependence on oil to social media campaigns such as #BuyNaijaToGrowTheNaira.
The organisers recalls that less than a year after the
excitement surrounding the historic 2015 election which peacefully transferred
power from the People’s Democratic Party (PDP) to the All Progressives Congress
(APC), Africa’s largest economy and the continent’s biggest oil producer is on
the brink of an economic crisis. Oil prices have fallen to around $33 a barrel,
the lowest since the 1990s – resulting in serious consequences for Nigeria
where oil accounts for 35 per cent of GDP and 75 per cent of the government’s
revenues.
The interactive discussion will include questions from
the live audience in the Frontline Club in London as well as audiences in
Nigeria and globally joining the discussion via the event’s livestream channel
using the hashtag #HowtoFixNigeria.
Funmi Iyanda also said that the talk show starts at
7pm Nigerian time.
The Royal African Society is a
membership organisation that fosters a better understanding of Africa in the UK
and throughout the world, with a goal to promote Africa globally in the spheres
of business, politics, academia, arts and culture.
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