Stakeholders task FG to inject money into economy to reduce interest rate

  |   Nigeria News

Stakeholders in both the Nigerian capital and money markets have called on the Federal Government to quickly act by using fiscal and monetary policies to reflate the economy and bring down interest rate.

Bismark Rewane, an economist and Chief Executive Officer of Financial Derivatives Company Limited said "Federal Government should inject money into the system, since there is a fall in oil revenue.

He further advised the shareholders to continue their struggle for audit committee to represent their interest, stressing that qualification as an Accountant to be an audit committee member should not be included in the proposed amendment of Companies and Allied Matters Act, CAMA.

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