Buhari sets up ‘economic war room’ for experts to tackle recession

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It was gathered that the Federal Government’s policy dialogue on the current foreign exchange regime has been cancelled, with President Muhammadu Buhari summoning the panelists to an “economic war room” to save the country from the prevailing economic challenges.

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The dialogue, which was to be hosted by British High Commission and the Nigerian Economic Summit Group, NESG, was cancelled at the last minute. One of the organisers revealed that economic consultants and analysts for the dialogue, were summoned by the president to an “economic war room for saving the economy”.

The dialogue was to be attended by stakeholders from the Central Bank of Nigeria, CBN, ministry of trade, ministry of finance, Bank of Industry, BoI, SMEDAN and Nigerian customs, private sector groups like business owners and consumer protection groups.

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Recall that former CBN governor and Emir of Kano, Muhammad Sanusi II, and Catholic Bishop of Sokoto diocese, Matthew Kukah, had called on the Buhari ‎ government to seek the advice of experts in tackling the current economic crisis, and ‎refrain from giving excuses.

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