The return of President Buhari after an extended time-out coincided with the mild recovery of the economy from a 15-month deep recession. He now faces the daunting challenge of how to run his party, manage an efficient government and run a presidential campaign.

Investors are demanding for consistency, stability and transparency in governance.  As the electoral cycle commences in the next 90 days, many fear that economic policy will be compromised by political expediency.

In this edition of the LBS Executive Breakfast Club, Bismarck Rewane looks at the challenges arising from a GDP growth rate that is significantly lower than the population growth and the future of the naira in the face of a dilemma of trying to unify the multiple exchange rates in a segmented foreign exchange market.

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LBS September 2017