Onazena Abbey, Benin-City
The Chief Executive Officer, Stercoll Energy Services Limited, Emeka Kalu, has lent his voice to the possibility of Nigeria sliding into another round of recession
The Nigeria Governor Forum (NGF) had, during the induction ceremony for newly-elected governors early this week urged Nigerians to prepare for another cycle of recession by mid 2020 and the third quarter of 2021
Mr Kalu, an International business tycoon based in United States of America, with branches in six African countries including Indonesia said the country needs urgent corrective measures to avert the looming recession
He said another round of recession in the country remain inevitable going by the exodus rate at which prospective investors are leaving the country coupled with insecurity challenges and rampant cases of extra judicial killings
“The only thing that can change the narrative is someone who believes in justice, rule of law, visionary leader with experience .The present administration has done its best , their best is not good enough, what else can they offer?Nigeria supposed to be the giant of Africa , we are now the least
“How do you think the Country can survive when all this people who are contributing to the nation’s GDP are going back, definitely the Country will go into recession . If we don’t put in corrective measure, it means we are in trouble. We need somebody with experience to be able to bring us back”
Kalu, a former Abia State governorship aspirant also expressed grave concern over what he termed the seeming unabated killings across the country and called for sincerity of purpose aimed at tackling the menace from both government and security agents
