NEC approval of $1b to fight insurgency may not be a bad idea. The question begging for answer is will all the money earmarked be put to judicious use? Hope another Dansuki will not emerged, time will tell.
18.72% inflation rate is killing. Nigeria | Economic Indicators Overview Last Reference Previous Range Frequency GDP Growth Rate 8.99 % Sep/16 0.82 -13.7 : 9.19 Quarterly Unemployment Rate 13.9 % Sep/16 13.3 5.1 : 19.7 Quarterly Inflation Rate 18.72 % Jan/17 18.55 -2.49 : 47.56 Monthly Interest Rate 14 % Jan/17 14 6 : 14 Daily Balance of Trade -27238 NGN Millions Sep/16 -32445 -592201 : 2177553
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