The Federal Government has been advised to reduce the cost of governance and encourage production, by Economic Experts and Interest Groups in Nigeria’s economy on Sunday.
The Experts and groups including a professor of political economy and management expert, Pat Utomi; the Abuja Chamber of Commerce and Industry and a former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, gave the advice in separate interviews with The Punch while commenting on Nigeria’s recent economic recession. They said government should cut tax for the poor and diversify the economy. According to them, in diversifying the economy, government must match its words with actions.
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