The call for Federal Government to engage operators in the private sector was reemphasized at the second edition of the annual Nigerian Stock Exchange (NSE) Chief Executive Officers (CEOs) roundtable discussion in Lagos.
The event which was jointly organized by Bloomberg had in attendance CEOs across all the sectors of the economy. Some of the CEOs that were on the panel of discussants includes Dharnesh Gordhon of Nestle Nigeria Plc, Segun Ogunsanya of Airtel Nigeria, Dr Ogho Okiti an Economist and Policy Analyst, Ayo Fashina of Chapel Hill Denham and Mark Bohlund of Bloomberg.
While acknowledging what led the Nigerian economy to its present state, they all agreed that there is a need to diversify the economy and pay less attention to crude oil.
In their separate contributions, they took a holistic look at the economy at large and how the scarcity of foreign exchange, high cost of premium motor spirit, inflation, among other issues have impacted on their businesses.
Although despite the uncertainty which figures from the National Bureau of Statistic (NBS) presents, the panel was optimistic that with right policy and engagement with critical stakeholders in the economy, Nigeria should be out of the wood in the midterm. They all agreed that there is need to address problems surrounding investments such as power, roads, and securities among others.