According to him, one likely consequence of the policy is a reduction in the availability of foreign currency in the parallel market.
Mr Aminu urged the federal government to establish baseline performance indicators for quarterly assessment of reforms.
With the escalation of the Israeli-Iranian conflict, crude oil prices surged to $75 per barrel from $65 per barrel a week before, the economist noted.
“Also, if the experience of 2005 is any guide, the recapitalisation exercise is likely to rejuvenate the stock market.”
He spoke on how the federal government could promote economic growth and prosperity in the country.
The experts said the measure was imperative to build a vibrant economy and sustain the gains recorded in the agriculture sector.
