DESOPADEC MD Lists Path To Exit Recession

Managing Director of Delta State Oil Producing Areas Development Commission, DESOPADEC, Bashorun Askia Ogieh, has described the path Nigeria must take to exit from recession as a “path strewn with hard decisions.”
The DESOPADEC boss while speaking during the dinner and awards night organised by the Forum of Accountants of Delta State Civil Service held at Asaba on Sunday, also challenged accountants in the country that Nigerians are looking up to them in navigating the country from its current economic position.
In his remarks at the event, Bashorun Askia represented by Dr. Godwin Adolor, however projected recipes for recovering from the recession which he said include; “Safeguarding and mobilising revenues as well as reprioritising public spending to protect critical development expenditures and stimulate economic activity.”
He explained that, if projections are right, the recession may be worse than the 2016 recession which lasted for nearly a year adding that despite the negative projection, the country will overcome it.
Speaking further, he said: “This is where accountants as managers of resources come in. The nation is looking up to accountants of all hue to set the road map to exit this recession as quickly as possible.