The Chartered Institute of Bankers of Nigeria and some financial analysts on Tuesday said the Federal Government must strengthen the non-oil sector to prevent sliding into economic recession again.
They gave the advice at the Fourth Economic Outlook on Tuesday in Lagos, noting that the economy was still fragile.
The theme of the outlook was “Implications for Businesses in Nigeria in 2018”.
The event was organised to review Nigeria’s economy in 2017 and chart the way forward.
The CIBN Centre for Financial Study (CIBNCFS) held the programme in conjunction with Biodun Adedipe Associates Ltd. (BAA).
The CIBN President, Prof. Olusegun Ajibola said that Nigeria’s economy in 2017 could be adjudged successful considering the manner the country weathered economic storms.
Ajibola said: “After five consecutive quarters of contractions, the country rebounded…
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