By Daniel Adeleye
A financial expert and managing partner of PKF Professional Associate, Chief Tajudeen Akande, has advised that Nigerian government needs to be consistent in the implementation of its policies and budget to experience growth in the economy sector.
Akande told journalists in Lagos during a two-day retreat of the management team of PKF, that whatever policy any government formulates there is an objective that inspired it, saying what hurts businesses and economy of a country is policy reversal and inconsistency.
He noted that there is no denying the fact that the Nigerian economy is still very tough owing to the latest inflation rate of about 12.42 percent, according to the Bureau of Statistics.
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The financial expert cautioned the business owners in all sectors of economy to be conscious and strategise on how to mitigate the negative effect the current reality on ground may have on them and positively tap from whatever opportunity that is available to them in the market.
Also speaking on the current Nigeria debt profile of over N26 trillion, Akande said the concern of Nigerians should not be on the debt itself but the debt servicing and what those funds were deployed to achieve.
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