Nigeria: Olawepo-Hashim Advocates Single Digit Interest Rate

25 November 2015

Energy sector investor, Mr. Gbenga Olawepo-Hashim, has called for the lowering of interest rate in the banking sector from its current double digit figure to a single one to enable investors access finance at reasonable lending rate towards the much needed development.

Olawepo-Hashim, who was guest speaker at the 4th Imperial College, London, Nigerian Student Society Summit, weekend, regretted that the Nigerian manufacturer could hardly be competitive in the international market with the unacceptable high interest rate.

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