Vice chancellor charts path to prosperous economy

For the nation’s economy to bounce back to what it was years back, the need to implement the recommendations of the 2014 National Conference, investment in infrastructure to grow the real sector of the economy, avoiding policy somersault, as well as proper implementation and supervision of economic policies, is paramount.
 
Vice-Chancellor, Niger Delta University, Prof. Samuel Edoumiekumo, who noted that for the economy to grow, there must be consistency and continuity of sound economic policies.
 
The issue of abandoning sound policies and programmes that would have impacted the economy positively, he said has led to wastage of scarce resources.

Earlier, President and Chairman of Council, NIM, Prof. Olukunle Iyanda, said for Nigeria to derive optimal benefits from its enormous resources endowment, managers must imbibe and adopt global best practices in corporate and public management.

Iyanda, who emphasised on the principles of delegation, that a manager can perform his role effectively even when physically absent from his organisation for a period of time.
 
He said the concept negates the management principle of delegation and can only be justified by those who perceive management position as one of exercise of power and authority rather than responsibility for effectiveness, efficiency, and corporate wellbeing.