Dr, Nike Akande, the President of the Lagos Chamber of Commerce and Industry (LCCI), has predicted that Nigeria will overcome its economic woes and come out of the recession stronger in 2017.
She made this known on the sidelines of the LCCI 128th Annual General Meeting (AGM) dinner in Lagos. She said that Nigeria, as the giant of Africa, would not stay too long before bouncing back to its former pride of place among the Commonwealth of Nations.
“LCCI has noted in particular the decline in oil price, the weakening of our currency and the associated challenges this scenario portends. “I strongly believe that we will bounce back from the recession stronger in 2017. The economic recession was caused by our over-dependence on oil, but now we have taken the bull by its horns.
“So many campaigns are going on and restructuring on diversification; with all these put in place, we are sure to come back to reckoning among the Commonwealth of Nations.
“The year 2o17 is just a couple of months away but by the end of it, things will be better, I am very optimistic,” she said.
