As Naira Further Weakens, Soyinka Calls for Emergency Economic Summit

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As Naira Further Weakens, Soyinka Calls for Emergency Economic Summit
Today, Nobel Laureate, Prof. Wole Soyinka has called on President Muhammadu Buhari to convey an emergency economic summit, so as to address the problem of incessant fall in the value of naira.
Soyinka also‎ urged the government to conduct it's war against graft within the confines of the law.
The dramatist who blamed the current economic situation on bad governance, urged the current administration to inject new ideas into the nation's economy.
He stated these on Thursday in Abuja, when he paid a courtesy visit to the Minister of Information and Culture, Alhaji Lai Mohammed.
''The economic condition of a nation, of a people does not deteriotate overnight. Something came before that deterioration,'' he said, while answering a question on the current state of the nation's economy.
He blamed the deterioration of the economy on a prolonged and unchecked process of attrition, adding that Nigerians should not expect a quick turnaround of the economy.
''Recovery is going to take quite a while, the President should call an emergency economic conference, with experts to be invited. Consumers, producers, labour unions, university experts, professors," he said.

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