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Jonathan advocates need for collaborative efforts to overcome Nigeria’s economic uncertainty

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Former President Goodluck Jonathan said the present socio-economic uncertainty which had sent shivers to all nooks and crannies of society would also be overcome by the grace of God.

Jonathan noted that while the federal government is doing its best to salvage the situation, what the country needs now is collaborative efforts in finding solutions to the present economic hardship.

The former President stated this at the Deputy Superintendent of Police (DSP) Alamieyeseigha Banquet Hall Yenagoa on Friday while declaring open the “2024 Annual Law Week” of the Yenagoa Branch of the Nigerian Bar Association (NBA), with the theme: “The Legal Profession in a time of socio-economic uncertainty”.

He described the theme as not only apt but well chosen in view of the present economic hardships in the country and presented an opportunity for a reflection on general governance issues and the need to address them urgently for the well-being of the citizenry.

The former president who was represented by the monarch and lawyer, Paramount Ruler of Abureni Clan, HRM Collins Daniel, said: ”Between 1984-1987 there were also economic challenges in Nigeria under the General Ibrahim Badamasi Babagida’s administration, which led the Federal Government to introduce an economic recovery programme called the Structural Adjustment Programme, codenamed SAP. The country experienced scarcity of essential commodities, and the citizens suffered severe hardship. God was with us and the country bounced back.

“Between 2016-2019 the whole world went through another economic recession. Nigeria also had her own share of the hardship, but we were fortunate we were able to get out of the recession in a few years.

“I believe the present socio-economic uncertainty which had sent shivers to all nooks and crannies of society would also be overcome by the grace of God. The Federal Government is doing its best to salvage the situation”.

In a keynote speech entitled: “Socio-Economic Uncertainty of Legal Practices in Nigeria: The Law in the Global Economy”, Justice of the Supreme Court (JSC), Justice Obande Ogbuinya said it is undisputed that the economy is the basic foundation of every society and law reflects the nature of the economy, said there is a global economic crisis, ravaging the entire world.

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