Koreans Donated their Precious Gold to Save Economy during Recession,We should live by example....President Buhari's aideTells Nigerians

During an exclusive interview on Channels Television, , Special adviser to president Muhammadu Buhari on economic matters, Adeyemi Dipeolu stated that, all hands have to be on deck to effectively tackle Nigeria’s myriad of economic problems, and preferably, hands with gold watches, chains,etc. Dipeolu used the willing donation of gold by Koreans during the country’s recession of the 90’s as an example of all hands being on deck.“We have to realize that economics is not Physics. You have to think flexibly around economics. You have to realize that certain policies may not give you the desired effects immediately. There may be time lag. There may be geographical differences.“People character may differ,he said. When Korea faced economic crisis in 1997/98, I saw pictures of women in thousands, coming out and giving their golds to their country so it can be sold so they can get out of this difficulty.“So there are social dimensions to tackling problems. I think it is important to realize that all hands have to be on deck,” Dipeolu said, reports thecable. Recall, during the Asian financial crisis of two decades ago, Koreans donated billions of euros’ worth of gold jewelry to help pay the nation’s International Monetary Fund (IMF) debt.