7 Things President Buhari Needs To Do To Revive Economy – Muhammad Sanusi

Emir of Kano and former governor of the Central Bank of Nigeria, Muhammad Sanusi II, has recommended some steps which President Buhari must take to revive Nigeria’s economy.

These steps were contained in a document presented at the meetings of the Joint Planning Board (JPB) and National Council on Development Planning (NCDP) by Sanusi and obtained by TheCable.

The steps are

1.) Eliminate wasteful and abuse-prone subsidies.

2.) Fix failures in Power sector value chain, starting with the distribution companies.

3.) Digitise state land registries, streamline relevant legislation

4.) Re-prioritise public spending towards investment in Human Capital

5.) Private Sector Investment in Capital expenditure

6.) Set Foreign exchange rate to incentivise capital inflows, catalyse FDI

7.) Beware of China and protect infant industries.