Is there enabling environment for capital market and economic development?
The way to ensure that the economy grows is to provide the enabling environment. In a situation where people are harassed, they leave, moving to the place they are welcome. I am an advocate of private enterprise. Government must allow private sector operators to play leading roles in the economy. That is not to suggest that the government has no stake. The government has a stake and that is to create institutions and the regulatory environment for business to triumph. The environment creates the market forces. They are the unseen finger as they are known in economics. If somebody is wronged for instance, he can seek redress. What is your view on global partnerships and development of accounting practice in Nigeria? Like any other international organisation, if you are using the names of the global accounting bodies or affiliated to them, you have to maintain a certain standard. The problem, I think, is that most people are afraid of globalization. But let us look at globalization again
