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Govt, Stockbrkers should collaborate

Govt, Stockbrkers should collaborate

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Vice President Yemi Osinbajo has called for collaboration between Chartered Institutes of Stockbrokers and the government to provide a platform for economic growth through opportunities by using capital, financial markets to address the country’s infrastructural deficit.

In a statement by the Strategy and Communications Adviser to the Minister of Industry Trade and Investment, Bisi Daniels, Osinbajo said though the President Muhammadu Buhari administration met a weak economy when it came into power in 2015, it has set the country on a path of growth, industrialization and sound resource management.

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The Vice President who was represented by the Minister of Industry, Trade and Investment, Okechukwu Enelamah, the Vice President highlighted some of the challenges in 2015 as including rising inflation, declining reserves, exchange rate instability, and a sharp drop in oil revenues, all of which resulted in an economic recession.

 

 

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