Jim Ovia – Nigeria on growth trajectory

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Jim Ovia (CON), Zenith Bank Chairman has lauded the federal government’s economic team for pulling the economy out of economic recession, acknowledging that the country’s economic outlook shows that it is now on a growth trajectory.

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

He commended the present economic team on the nation’s remarkable improvement on the ease of doing business index. Special praise was accorded the two ministers present at the event – the Honorable Minister of Finance, Mrs. Zainab Ahmed and the Honorable Minister of Budget and National Planning, Senator Udo Udoma – as well as the Honorable Minister of Industry, Trade and Investment, and the Governor of the Central Bank of Nigeria.

While commending the ministers for an excellent job, Ovia charged them with the responsibility of further improving the nation’s ranking on the ease of doing business index.

“The target for the ease of doing business for Nigeria in 2019 in terms of ranking, should be single digit.”

According to Ovia, we are no longer in recession and we have been able to manage the rate of inflation. The outlook for the nation shows that we are now on a growth trajectory.

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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 15 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

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