The Chairman of Zenith Bank Plc, Mr. Jim Ovia, has lauded the Federal government’s economic team for pulling the economy out of economic recession, acknowledging that the country’s economic outlook shows that it is now on an upward swing.
In his goodwill message at the Deloitte in Dialogue Nigeria Economic Outlook 2019 event recently in Lagos, Mr. Ovia focused on two key points – ease of doing business, and the nation’s inflation rate.
He commended the economic team on the country’s improvement on the ease of doing business index.
He praised the two ministers present at the event – the Minister of Finance, Mrs. Zainab Ahmed and the Minister of Budget and National Planning, Senator Udo Udoma, as well as the Minister of Industry, Trade and Investment, Mr. Enelama and the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele.
While commending the ministers for an excellent job, Ovia charged them to further improve the country’s ranking on the ease of doing business index. I
He said: “The target for the ease of doing business for Nigeria in 2019 in terms of ranking, should be single digit.”
According to Ovia, “we are no longer in recession and we have been able to manage the rate of inflation. The outlook for the nation shows that we are “now on a growth trajectory.”