LAGOS, SEPTEMBER 1, 2016 – The Nigerian Institute of Management (NIM), has called on the Federal Government to seek long-term solution in re-positioning “Nigeria’s ailing economy.’’President of the Institute, Emeritus Prof. Munzali Jibril, made the call on Thursday in Lagos at a news conference to announce the 2016 Annual National Management Conference (ANMC) of the institute.
He said that the conference, with the theme, “Building a New Nigeria: Strategy, Options and Policy Imperatives’’ would proffer solutions to the various challenges facing the country
He said that the task of building a new Nigeria is imperative and more urgent than ever before, especially now that the economy had gone into recession.
Jibril traced some of the reasons for the development challenges facing Nigeria to mismanagement of its abundant human and material resources.
He explained that the country had suffered policy somersaults which had made it almost impossible to build enduring economic and infrastructural legacies.
The don said that the current state of the economy required long-term solutions to put it back on track.
“Since no nation experiences real progress by adopting ad-hoc and short-term approach to governance, Nigeria has no other choice than to start putting concrete structures in all sectors of the economy,’’ Jibril said.
While commending President Muhammadu Buhari’s efforts to reposition the economy, the NIM boss called for the sustenance of the war against corruption.
He said that the quest to build a new Nigeria underscore the need to embrace `real and true diversification of the economy’ since over-dependence on crude oil for revenue was no longer sustainable.
Jibril said that the ANMC, slated for Sept. 18 to 20, would also feature sessions on “Minimizing Corruption in Public Places and “The Secret of Successful Entrepreneurship.
