Economy: We are suffering, lawyers lament

Lawyers in the country have express worry over the state of the Nigerian economy.

The lawyers, under the aegis of the Nigerian Bar Association, NBA, said Nigerians, especially lawyers, were suffering under the present situation.

The NBA, also said there was need for experts to suggest ways to revive the ailing economy.

The position of the NBA was made known by Oladejo Lamikanra, SAN, who spoke for the association in Abuja, adding that NBA was planning a gathering to give experts, both lawyers and non-legal practitioners, the opportunity to engage in critical assessment of the economy and suggest ways out of the current situation.

According to him, lawyers had decided not to sit down and fold their arms while workers continued to lose their purchasing powers.

“This is why we have chosen as our central theme for our national conference, ‘Democracy and Economic Development.’

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“We want to discuss the economy in the context of democracy. How can democracy make the economy grow better? The economy is quite challenging at present. There is concern on how democracy constitutes a heavy burden on our Gross Domestic Product (GDP).

“We want to explore how democracy can be used to further grow the economy. The average Nigerian is feeling the pinch, he is feeling the crunch. We have been dependent on oil alone. “How do we diversify? The practice of democracy should improve the economy. Democracy and economy are not mutually exclusive.

“We want to see the economy grow. We want to see Nigerians live better. That informs our choice of the theme. How can we make sure our economy sustains our population growth. We need actions now”, the NBA said.

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