Financial experts tie 2014 economic growth to political stability

The experts disclosed this in separate interviews with the News Agency of Nigeria (NAN) in Lagos.
Mr Harrison Owoh, the Managing Director, H J Trust and Investment Ltd, said political stability and security would be the yardstick for investments in 2014.
He said, the economy will maintain its growth once the nation is stable just as he urged government to pursue friendly investment laws and stable economic policies to support growth and development.
Mr David Adonri, the Chief Executive Officer, Lambeth Trust and Investment Ltd., predicted that the economy and equities market would experience impressive growth in 2014 once the security and political environment were stabilised.
Adonri said: “Global analysts foresee a very active year for the equities market in 2014 as global economies grow in all directions.”
He noted that good regulatory framework and improvement in corporate fundamentals would enhance investors’ confidence in the nation’s economy.
Adonri also identified power, agriculture and construction as the major drivers of the Nigerian economy in 2014. (NAN)