ESUT Hosts 37th Inaugural Lecture on Naira Rate Depreciation
The lecture was presented by the esteemed Dean of the Faculty of Management Sciences, Prof Chioma Dorathy Oleka.
Zita Ezechi 
Enugu State University of Science and Technology (ESUT) hosted its 37th Inaugural Lecture at the prestigious Prof Julius Onah Auditorium. The event has drawn the entire management of ESUT, showing its significance.
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The lecture was presented by the esteemed Dean of the Faculty of Management Sciences, Prof Chioma Dorathy Oleka.
Her topic, "Impact of Naira Rate Depreciation on Nigeria's Economy: Causes, Effects, and Ways Forward," addresses a critical issue that resonates deeply with the current economic challenges facing Nigeria.
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Prof Oleka's lecture duscussed the multifaceted causes of the naira's depreciation, examining both internal and external factors. She highlights the adverse effects on various sectors of the economy, including inflation, reduced purchasing power, and the strain on businesses and households.
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In her insightful presentation, Prof Oleka also proposes strategic solutions to mitigate these effects and stabilize the naira. Her recommendations include policy reforms, diversification of the economy, and strengthening of financial institutions.
