Soludo spoke at the ‘Big Ideas Podium’, a public policy debate
organised by the Afri Heritage Institution in Enugu, where he canvassed
what he termed a “citizens united” campaign by Nigerians to demand
change and accountability from government at all levels.
Besides Soludo, other speakers at the inaugural edition of the Big
Ideas Podium were a former Cross River State Governor, Donald Duke; a
former Chief Economic Adviser to the President, Prof. Osita Ogbu; and a
member of the Presidential Economic Advisory Board, Prof. Akpan Ekpo.
Speaking on the theme of the debate, ‘Prognosis of the Nigerian Economy 2017’, Soludo said Nigeria was fast approaching the status of a failed state.
Speaking on the theme of the debate, ‘Prognosis of the Nigerian Economy 2017’, Soludo said Nigeria was fast approaching the status of a failed state.
The former apex bank chief noted that it would take nothing short of a
miracle for the Federal Government to return the naira to its exchange
rate to the dollar as of the time Buhari took over on May 29, 2015.
He said, “Buhari met a very bad situation when he assumed power, but
he has made the situation worse. Nigeria today is a fragile state with a
failing economy. Some say failing state; some say failed state.
“The economy is not just in recession; we are suffering from massive
economic compression. Saying it is recession trivialises the issue.





