Tuesday, December 06, 2005

end of the day..

its been a looong day, but successful. Even though 9 or 10 of our party didnt manage to get out of the airport after 9 or 10 hours of waiting, we decided to start at 5pm. Professor Olofin of the Centre for Econometric and Allied Research gave a 3 hour presentation on the importance of interagency forecast modelling and how it can create a rational macro-economic policy framework which was quite inspiring. Instead of economic adjustments made by whim, the technology platform we are creating (funded by the EU) will enable forecast data to be shared amongst the core Federal Govt agencies. And now that Prof has been brought onto the new Board of the CBN (he was Soludo's teacher), it really looks like things are locking into place for next year. It feels great to be part of a process whereby at the most senior level, competent technocrats are starting to take control of the Nigerian economy.

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