Former Central Bank of Nigeria (CBN) Governor, Professor Chukwuma Charles Soludo has said a coalition of economic policies that can deal with desperate socio-economic issues in a systematic and sustainable manner is needed to get Nigeria out of its present challenges.
Soludo said this at the fourth “Progressive Governance Lecture Series” in Kaduna on Thursday.
He added that the Nigerian economy is stuck on a slippery muddy length and would need to be totally reset.
He said: “Inclusive and sustainable growth cannot be achieved without conscious efforts to deconstruct the dynasties of poverty and maximise states’ and Nigeria’s comparative and competitive advantage.
“Nigeria is not secured and made politically sustainable especially through the de-strangulation of the hold of the Federal Government over states.
“Encouraging fiscal federalism in ways that allow states to have greater control of their resources, evolution of a master plan for mass export oriented industrialization that answers the economic questions and realities of today.
”APC developing over-arching vision of Nigeria without Oil and there should be a coalition of economic policies that can deals with disparate socio-economic issues in a systematic and sustainable manner;
“APC States must develop a peer review mechanism to track, measure and share knowledge and experience in order to achieve shared values that will distinguish APC states from non APC states.
“There is need for communication strategy that effectively communicates change in a forward looking and inspiring manner for the citizenry. This is important for building consensus for development, and there should be a coordinating mechanism for developing the 2017 budget”