Fact vs Fiction in the Nigerian Economy: A Twitter Discussion with Proshare CEO, Olufemi Awoyemi

Join @polmatter and @proshare on twitter on Wednesday the 30th of September, at 4pm (Nigeria/UK time) for a frank discussion on the current state of the Nigerian economy with Proshare Nigeria CEO Olufemi Awoyemi. #NaijEconomy

Photo: 1000 Naira note. Credit: Shardayyy
Photo: 1000 Naira note. Credit: Shardayyy

From speculation on US interest rates to China’s slowdown, it is clear that the global economy is in a state of flux. Amid falling oil prices, Khazakstan has already devalued its currency and the warning to other oil-producers is clear.

The Central Bank of Nigeria (CBN), however, has gone the other way and has maintained a policy of backing the Naira. Many foreign commentators have derided the policy, but many more business insiders – as well as President Buhari – support the CBN’s current strategy. Who is right, what is the ‘politics’ behind it, and what do ordinary Nigerians need to know?

Meanwhile, concerns about how Nigeria progresses to diversify its economy to an export led one while pursuing inclusive growth carry on apace. From the small business owner and the market trader, to the bus conductor, the question of what is going on in the Nigerian economy affects us all and we all have a part to play.

Join @polmatter and @proshare on twitter on Wednesday the 30th of September, at 4pm (Nigeria/UK time) for a frank discussion on the current state of the Nigerian economy with Proshare Nigeria CEO Olufemi Awoyemi. Please start sending in your pre-discussion questions and comments to @polmatter from Tuesday the 29th of September using #NaijEconomy. We look forward to seeing you on twitter. Wednesday. 30th of September 2015. 4PM. Bring a friend.

~EAMS

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