
A plea for economic planning
DURING the economic recession of the 1980s the doyen of Nigerian economics, Pius Nwabufo Okigbo, delivered a lecture at the National Institute for Policy and Strategic Studies, with the title, “Sorcerers, Astrologers and Nigerian Economic Recovery.” Yours sincerely was among the audience during that steamy 1986 summer afternoon in Kuru. It was a brilliant performance. The late economist gave that dramatic title to his erudite lecture to drive home the point about how bereft we are in terms of serious critical thinking about the economy.