Former Governor of the Central Bank of Nigeria (CBN), Professor Charles Chukwuma Soludo and civil society groups (CSOs) have charged the Federal, states and local governments to develop home-grown solutions to coronavirus.
They also charged the government at all levels to resolve the economic challenges posed by the coronavirus pandemic, sinking oil price and explore other untapped economic potentials in the country.
Soludo, who was the guest speaker at a three-hour virtual conference on zoom hosted by The Governance Index – a social enterprise network dedicated to promoting purposeful leadership around the world.
Other participants at the conference were Transform Nigeria Citizens Initiative (TNCI), Concerned Nigerians Forum (CNF) and Governance Index (GI).
Besides Soludo, panellists including a Sloan Fellow from London Business School (LBS), Marcel Ngogbehei, Communications Consultant for ECOWAS and EU, Paul Ejime, Management and Financial Consultant, Orji Udemezue, Public Policy Consultant, Alwal Hassan and over 150 professionals around the world, participated in the conference.
They agreed that there was the need for policymakers in Nigeria to strategise and provide a homegrown solution to avert an imminent economic crisis that might be triggered by the COVID-19 pandemic and crash in oil price.
The conference titled, “COVID-19 and The Oil Price Crash, Its Implications For Nigeria,” was the second of the series: ‘COVID-19: Turning A Crisis Into Opportunities’ being promoted by the GI.