Former President Goodluck Jonathan has expressed optimism that Nigeria will overcome its current socio-economic challenges.
Speaking at the Nigerian Bar Association Yenagoa Law Week 2024, Jonathan noted that the federal government is working to address the issues.
He commended the NBA Yenagoa for organizing the event, which aims to address governance issues and find solutions to the economic hardships facing the country.
Jonathan drew parallels with past economic challenges in Nigeria, including the Structural Adjustment Programme in the 1980s and the 2016-2019 recession, according to TheNation.
He expressed confidence in the legal profession’s ability to advocate for the common good and find solutions to the current economic uncertainty.
The event, themed “The Legal Profession In A Time Of Socio-Economic Uncertainty,” brings together legal experts, judicial icons, and other stakeholders to deliberate on the issue and proffer solutions for speedy economic recovery.
Jonathan said: “May I also remind us that the present economic hardships ravaging this country is not limited to the legal profession as it pervades all professions and sectors, including the high and low.
“We therefore, need collaborative efforts in finding solutions to it.”
“Between 1984 and 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 Adiustment 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 and 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.”
