COVID 19: Akwa Ibom business stakeholders task CBN on emergency liquidity - Daily Post Nigeria

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Business stakeholders in Akwa Ibom State have called on the Central Bank of Nigeria to make available an emergency liquidity in order to assuage the

They added that such would keep the economy afloat and enable people to retain their jobs and incomes.

She added that poorly designed stimulus packages can have negative, long-lasting consequences on trade and welfare recalling the experience of 2008-09 economic crisis. Also speaking, the member representing Etinan Federal Constituency in the House of Representatives, Rt.Hon. Onofiok Luke, urged leaders at all levels of government not to use the pandemic as a ruse for weakening Democratic institutions, fundamental rights and further excluding political participation.

He, however, regretted that governments had failed to invest in research and development as the research institutions in Nigeria have not been able to come up with vaccines for COVID-19.

 

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