Financial Partners errand FG to infuse cash into economy to lessen loan cost
Partners in both the Nigerian capital and currency markets have approached the Federal Government to rapidly act by utilizing financial and money related strategies to reflate the economy and cut down loan fee. Talking at the triennial agents' meeting of the Independent Shareholders Association of Nigeria, ISAN in Lagos, Mr. Arnold Ekpe, previous Group Managing Director of Ecobank Transnational Incorporated, told Vangaurd that "The Federal Government needs to act rapidly to make the economy dynamic. Given the financial subsidence the nation is into, Government needs to pump cash into the economy and apply the blend of financial and fiscal strategies to reflate the economy and bing down loan cost. The costs of products are ascending with low wage and rising unemployment, henceforth the need to expand consumption and give the required base that will goad development.
Partners in both the Nigerian capital and currency markets have approached the Federal Government to rapidly act by utilizing financial and money related strategies to reflate the economy and cut down loan fee. Talking at the triennial agents' meeting of the Independent Shareholders Association of Nigeria, ISAN in Lagos, Mr. Arnold Ekpe, previous Group Managing Director of Ecobank Transnational Incorporated, told Vangaurd that "The Federal Government needs to act rapidly to make the economy dynamic. Given the financial subsidence the nation is into, Government needs to pump cash into the economy and apply the blend of financial and fiscal strategies to reflate the economy and bing down loan cost. The costs of products are ascending with low wage and rising unemployment, henceforth the need to expand consumption and give the required base that will goad development.
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