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Treasurers have identified adopting an assets-based framework as a viable alternative for economic growth to the output-based approach taken by multiple government administrations.

The Association of Corporate Treasurers of Nigeria noted this during its 2025 Economic Outlook event on Friday in Lagos, themed ‘Navigating Nigeria’s Economic Landscape in 2025: Opportunities and Challenges for Corporate Treasurers’.

The event featured a keynote from the Chief Executive Officer of Economic Associates, Dr Ayo Teriba, who urged the Federal Government to implement policies consistent with an asset-based framework as opposed to output-centric policies, which he defined as characteristic of countries that experience short-term bursts but lack growth in the long-term.

Teriba noted the government could not keep working with policy lines that have not worked and expect a different result, including borrowing for direct infrastructure investment instead of borrowing against national assets.

“When we talk about the outlook, we first look back and say that the evolution of the country’s economy has been a nightmare,” he stated. “We cannot do the same thing over and over and expect different results.

“Just as companies thrive by assetising, states can only grow by assetising too. Borrow against assets and issue equity against assets.”

Teriba explained the government needs to invest in four categories of assets, including physical, human, intellectual, and digital assets.

https://punchng.com/adopt-asset-based-framework-for-economic-growth-treasurers-advise-fg/