Nigeria Now on Growth Trajectory


Mr. Jim Ovia (CON), the Chairman of Zenith Bank Plc praise the federal government of Nigeria’s economic team for their efforts in pulling the economy out of economic recession. He acknowledged that the Nigeria’s economic outlook shows that it is now on a growth trajectory.

The Chairman of Zenith Bank focused on two key points – ease of doing business, and the nation’s inflation rate in his goodwill message presented at the Deloitte in Dialogue Nigeria Economic Outlook 2019 event, at the Civic Centre in Lagos on Thursday, January 31, 2019.

Mr. Ovia commended the present economic team on the nation’s remarkable improvement on the ease of doing a business index. Particular praise was accorded to the ministers present at the event in person of the Honorable Minister of Finance, Mrs. Zainab Ahmed. Others are, the Honorable Minister of Budget and National Planning, Senator Udo Udoma and the Honorable Minister of Industry, Trade and Investment Okechukwu Enelamah, and Mr Godwin Emefiele, the Central Bank of Nigeria Governor.

While praising the ministers for a beautiful job, Mr. Ovia implores them to take the responsibility of helping to improve the nation’s ranking on the ease of doing business index. He said, “the target for the ease of doing business for Nigeria in 2019 in terms of ranking, should be single digit”.

According to Mr. Ovia, the nation is no longer in recession, and we have to manage the inflation rate very well. The current outlook for the country shows that we are “now on a growth trajectory.”



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