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Wednesday, March 30, 2016

Soludo, Funmi Iyanda lead debate on how to fix Nigeria at Royal African Society

The former Governor of the Central Bank of Nigeria (CBN), Professor Charles Soludo, and a panel of experts would today, Wednesday in the evening, share their practical solutions to Nigeria’s current economic crisis in a special event organised by The Royal African Society, in partnership with Creation TV and The Frontline Club in central London, reports ITRealms.

Correspondent reports that the series is the brainchild of award-winning broadcaster, Funmi Iyanda and is on its second year, thus, How to Fix Nigeria brings together a broad range of speakers to discuss practical solutions to Nigeria's contemporary challenges.

The current series, ITRealms gathered that Professor Soludo would be joined by well-known commentator on Nigerian economic affairs, Feyi Fawehinmi, and Head of Africa Country Risk at IHS, Natznet Tesfay, to delve into the currency crisis and its deeper structural problems.

Also noted, Iyanda would lead the discussion unpacking the current economic climate in Nigeria from deindustrialisation and over dependence on oil to social media campaigns such as #BuyNaijaToGrowTheNaira.

The organisers recalls that less than a year after the excitement surrounding the historic 2015 election which peacefully transferred power from the People’s Democratic Party (PDP) to the All Progressives Congress (APC), Africa’s largest economy and the continent’s biggest oil producer is on the brink of an economic crisis. Oil prices have fallen to around $33 a barrel, the lowest since the 1990s – resulting in serious consequences for Nigeria where oil accounts for 35 per cent of GDP and 75 per cent of the government’s revenues.

The interactive discussion will include questions from the live audience in the Frontline Club in London as well as audiences in Nigeria and globally joining the discussion via the event’s livestream channel using the hashtag #HowtoFixNigeria.

Funmi Iyanda also said that the talk show starts at 7pm Nigerian time.


The Royal African Society is a membership organisation that fosters a better understanding of Africa in the UK and throughout the world, with a goal to promote Africa globally in the spheres of business, politics, academia, arts and culture.

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