Ex-CBN Director Tasks FG On Agenda

A former Director of Central Bank of Nigeria (CBN), Mr. Chris Nemedia, last week urged the Federal Government to prioritise its development agenda to achieve goals.

Nemedia said in Lagos that it was economically unhealthy for the government to try to achieve many things at once.

He advised the Federal Government to follow elementary economics principles about making opportunity cost choices from a scale of preference of its development agenda

. “And it is a common precept in economics that choice and opportunity cost is made from not more than two or three items.

“So, it will not augur well for our economy if the government is not prioritising its development agenda and focusing on attaining some at a time,“ he said.

Nemedia said that the economic transformation of Nigeria would not be speedily attained if government continued to “do many things at once“.

He added that government at all levels needed to consult widely, especially with experts, on projects that required immediate attention.