This is according to a monetary economist, Simeon Nembe who spoke in an interview with Today FM’s Chinedu Iwunna.
Nembe who is also a senior lecturer from the Department of Economics said the manufacturing industry has to work optimally to enable an improvement in the Gross Domestic Product of the country that will in turn increase the value of the Nigerian currency.
The senior lecturer also advised the federal government to strengthen small scale businesses which is the main driver of the Nigerian economy
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