‘Buhari should call an emergency economic conference,’ Nobel Laureate says

monjola sotubo

February 19, 2016 3:36 PM

Soyinka made the call on Thursday, February 18, 2016, during a visit to the Minister of Information and Culture, Alhaji Lai Mohammed, in Abuja.

Soyinka made the call on Thursday, February 18, 2016, during a visit to the Minister of Information and Culture, Alhaji Lai Mohammed, in Abuja, Vanguard reports.

“I agree with those who say the economy is bad. It is obvious and it is so bad. I think the Presidency should call an emergency economic conference where experts will be enlightened,” the Nobel Laureate said.

“We really need an emergency economic conference, bringing experts together to march the nation forward. I think the economy is not encouraging. Quite frankly, I think most economists will agree with this.

“Recovery is going to take time. But at the same time, we have to rely on the objective analysis of experts to tell the government when it gets bad, which might compound the problem and ultimately left the people as victims,” he said.

The naira is currently selling at 400 to the dollar leading many to believe that an economic crisis is imminent.

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