Agusto & Co Holds Sem­i­nar

THISDAY - - BUSINESS WORLD -

Agusto & Co is or­gan­i­sa­tion a fo­rum on the 2019 eco­nomic out­look ti­tled: “Nige­ria in 2019 - Sce­nario Plan­ning - Sign Posts.” The one-day sem­i­nar holds in Ikoyi, La­gos on Fri­day 18th Jan­uary 2019.

The pan-African rat­ing agency ex­plained that 2019 is full of un­cer­tain­ties for Nige­ria. Some of the is­sues to be dis­cussed in­clude: “How much ad­di­tional crude oil will the shale pro­duc­ers bring to the mar­ket? How will OPEC+ re­spond? Will there be peace in the Niger Delta? How will all these im­pact crude oil ex­port earn­ings and fed­er­a­tion ac­count rev­enues?

“Will there be a peace­ful tran­si­tion of power af­ter the 2019 Elec­tions? Who will win and what does the win mean for eco­nomic poli­cies in 2019 and be­yond? How will these poli­cies im­pact growth and em­ploy­ment?

“What will be the mon­e­tary pol­icy stance and ex­change rate pol­icy of the CBN in 2019? Will the CBN con­tinue to peg the naira to the dol­lar? If yes, can they sus­tain the peg and how much re­serves would the CBN need to burn to sus­tain the peg? Will the CBN ease mon­e­tary pol­icy in 2019?

“Will busi­nesses and house­holds thrive in 2019? How will gov­ern­ment spend­ing, ex­ter­nal trade & in­vest­ment and mon­e­tary pol­icy im­pact key in­dus­tries in Nige­ria? “When there are so many un­cer­tain­ties the log­i­cal thing to do is to build sce­nar­ios around these un­cer­tain­ties.”

Mr. Bode Agusto would lead dis­cus­sions on the im­pli­ca­tions of each sce­nario on the key prices, growth and em­ploy­ment, key in­dus­tries and the mar­kets in 2019.

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