With global economy heading towards recession as a result of COVID-19 disruption, it is high time that Nigeria looked inward and depend less on import.
This was the position of President, Association of Certified Fraud Examiners, ACFE, Lagos State Chapter, Prof. Godwin Oyedokun at an economy discussion in Lagos recently.
Oyedokun expressed confidence in Nigerian economy inspite of present reality, but insisted that Nigerians must continued to be innovative while government must be ready to support efforts.
“Nigerians now think of producing sanitizers, nosemasks, water containers and many other things while also creating employment for others. This has never been thought of prior to the pandemic. Organisations are also thinking of new ways to do things and in the process saving cost. Our politicians are also adjusting to local realities”
“This is the time for private sector to redefine their operational and business strategies and do away with wastages. Already, we are learning how to look inward, this must be sustained to keep the economy.
The 2nd Vice President of the association, Dr. Titilayo Fowokan resolved that it is not enough to adjust to present realities alone.
She posited that corruption must be checked to the barest minimum to sustain positive changes in the economy