NIGERIAN STOCK MARKET ANALYSIS

TRW DAILY FUNDAMENTAL AND TECHNICAL ANALYSIS OF THE NIGERIAN STOCK MARKET

Capitalising on fall in crude price – Tribune

Posted by TRW STOCKBROKERS LTD on December 1, 2016
Posted in: Uncategorized.

The crash in the price of crude is now giving our country another chance at being productive. We need to focus on manufacturing, agriculture and mining to reduce the high unemployment rate.

Nigerian youths are highly-talented and they can easily channel the creativity to negative use if they find it hard to secure legitimate means of survival.

Now, the Federal Government must support our youths so that they can be gainfully employed. If the necessary policies are put in place to make it easier for businesses to be established, this will go a long way in reducing unemployment.

The most important area is providing uninterrupted power supply. The companies still functioning now are struggling under the cost of diesel, which they use in powering their machines.

Government should also make it easier for companies to obtain loans. This will help in the establishment of more businesses.

Yakub Aisha

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