Kalu Idika Kalu

Kalu was born in Owerri, Imo state, southeastern Nigeria. He is from Ebem Ohafia in Abia state Nigeria. He is from Ibo tribe in Nigeria. He studied at Kings College Lagos from 1954 to 1960 where he obtained a Bachelor of Science in Economics in 1964. Kalu also obtained a Masters of Arts in Economics in 1965, as well as a Doctorate Degree in economic development and public finance in 1972 from the University of Wisconsin. He was a Stimson Fellow while attending Yale University Quotes We should have been grappling with just precisely what we do in that situation. If we don't use this opportunity to do that, then we'll have lost a great opportunity. I am not optimistic until I see a more determined, professionally determined stance on some of these key issues. His view on Nigeria's recovery plan We need to look at the policies very strictly and consider a more comparative analysis of the progress we are making. His view on Nigeria's recovery plan Seeking an IMF loan should be viewed as a strategic option The terms offered by the IMF are currently very soft. We’ve lost time. Virtually, the whole timing of this regime, we should really have gotten on to this very very quickly. We’re talking about a differential of over a hundred Naira. That’s absurd. That’s not done anywhere. Share his thoughts On the problems with Nigeria’s economy Looking at where we are, those are obvious macro targets. But what we need to underscore is that we need everybody working together. When I say everybody I mean the public sector, the private sector both domestic and external. The plan sounds very nice but it doesn’t mean much in concrete terms until you take specific measures to elicit the right flow of resources. I am not optimistic until I see a more professionally determined stance on some of these key issues. The key issue is how we restore macro-economic stability because that is how we will be able to mobilise others without chasing anybody around. External links