Experts proffer solution to economic problems

Shopping bags in shopping cart and credit card on laptop with paper boxes on table and sales data economic growth graph on screen, buying and selling services online on network, online shopping and e-commerce conceptto cut taxes, stop increase in money supply and reduce over regulations, to fix and leapfrog the economy to serve the populace.

Providing solution to the crisis, the economist said if the government could stop increase in money supply, reduce taxes and cut regulations for business owners, the economy would be transformed within 12 months.Fesobi, the project officer of Nigerian Libertarian Project, said government needed to cut taxes and reduce over regulation, in order to open up the economy to encourage entrepreneurs.

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