Nigeria Fail To Achieve Intensive Economic Growth " Says Former CBN Governor

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Former Central Bank Deputy Governor and Founder, Institute for Governance and Economic Transformation (IGET), Professor Chiedu Moghalu, has called for setting of national ambition for Nigeria, with leaders who can execute a sustainable vision for the country to transform the economic structure and the lives of citizens.
Moghalo explained this at the 5th Goddy Jidenma Foundation Public Lecture held at the Nigerian Institute of International Affairs, Victoria Island, Lagos.
Joining other influential leaders, emphasized that Nigerians should stop underestimating the sheer scale of the challenge to the country’s economic growth.

According to Prof Moghalo “Nigeria has failed to achieve intensive and effective economic growth because the country’s economy is managed mostly on an ad-hoc, reactive basis. 

It is a ‘survival’ economy in which most governments have had no real economic vision or a strategy to execute such a vision successfully.

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