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PwC Harps on Fiscal Reforms for Nigeria's Economic Recovery


By Peter Uzoho
As Nigeria battles to exit its second recession in less than a decade, largely caused by the COVID-19 pandemic and attendant drop in crude oil prices, analysts at the PwC have emphasised the need for the federal to expedite implementation of all fiscal reforms for Nigeria’s quick economic recovery.
PwC stated this in its analysis of the 2020 third quarter national economic report published by the Nigeria Bureau of Statistics (NBS), entitled: “Nigeria Economic Alert Q3’2020 GDP Report: Deepest Recession in Decades Offers Opportunity for Extraordinary Reforms”.
It specifically stated that, “at the core of the best and most effective approach to expediting Nigeria’s economic recovery is the implementation of fiscal reforms, some of which have been captured in the Nigeria Economic Sustainability Plan (NESP).” ....

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