Posts

Showing posts with the label We will take Nigeria out of recession

We will take Nigeria out of recession, by govt

Image
  THE government on Monday raised the hope that Nigeria will exit its second recession in five years within a short time. It also listed measures that will take the economy out of the slowdown which it said was caused by the severity of the global downturn caused by the COVID-19 pandemic. President Muhammadu Buhari, Vice President Yemi Osinbajo and Minister of Finance, Budget and National Planning Mrs. Zainab Ahmed spoke in Abuja at the 28th Nigerian Economic Summit Group (NESG). 22,000 Youths Have Benefited From My Foundation In Last 25 Years Senator Okorocha The President said the decline in the nation’s Gross Domestic Product (GDP) came after 12 consecutive quarters of positive growth. He said: “We can all recall that during the lockdown, farming did not take place, businesses were closed; schools were closed as were as hotels and restaurants. “Also, airlines stopped flying, while inter-state commerce was disrupted. “The economy only began to recover when these activ...