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MINDING THE GAPS: As CBN gets set to disburse N75bn youth fund
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By Emeka Anaeto, Business Editor
The key focus of Nigeria’s public policy executives at this time is, exiting recession as quickly as possible; and there seems to be a consensus around this focal point across even political and policy divides.
Given the impact of COVID-19 on key macroeconomic variables, fiscal and monetary authorities took unprecedented measures to prevent any long-term damage to the growth prospects of the economy.
The policy executives sought to stimulate economic activities through targeted interventions totalling N2.5 trillion. Cumulatively the intervention efforts represent about 3.5 percent of Nigeria’s GDP.