Zainab Ahmed, Nigeria's Finance Minister, has said that the country may go into recession due to the slowing down of economic activities as shown in an assessment by the Nigeria Bureau of Statistics.
She said, “The National Bureau of Statistics has made an assessment. So, it is the NBS assessment that Nigeria will go into a recession measuring at an average of -4.4 per cent. “And if we applied all that have been proposed and we are able to implement it we may end up with a recession that is -0.4 per cent. In any case, we will go into recession but what we are trying to do is to make sure that it is shallow so that we will quickly come out of it come 2021."
Akiko. Story
Is it the same finance minister who does not know the meaning of imprest that knows this?
We the citizens have already been in recession before now, having leaders who are financially reckless and without a definite direction of where they are leading their people to. Nigerian leaders know that there is death after which is judgment.
Even Nigeria needs to put Recession in National Anthem. Shio! Tueh
And I guess, you've gat no single clue how to prevent it (that's if we're not already in it prior to your appointment sef). We get Okonjo, we leave am. Now, other nations don hustle our own from us. Naija, kontinew to dey mumu o
Every country in the world already are in recession. You do not be the first or last. Always there is a good solution.
We are already swimming in recession, lots of businesses are shutting down and people are loosing their jobs....!
All these years without pandemic, are we not into recession?
Nigeria has been in recession
It's not a new thing , we are there already . No controversy.
Nigeria has been in recession since 1999 because we borrow. If you ain't in recession, you won't collect loan from China
We are already in recession, this is what is prompting the government in hurriedly wanting to open the economy. I hope we won't regret this as a nation.
end of next level
Nigeria suppose to be in depression now because of OilCrash, only source of revenue to zoo, Nigeria government.
Nigeria has been wallowing in recession since 2015. So what is this VVF patient trying to say?
When you do not know that if the main consuming population is made poor by government actions and inactions, it produces recession.
There was never a time since the regime of Buhari we came out of recession.
After looting Nigeria
Kemi was better than this one o. We are just retrogressing sha. Foremost Nigeria universities should have mentoring programs like Harvard does. Where people like Okonjo, Sanusi, Soludo will teach Kemi, this one and their likes. They mustn’t leave this earth with their knowledge!
We won't go into recession if all of u bring out the money u hid in ur wardrobes, underground and foreign banks.
Only for the poor.
May go? What is this one talking about. We are in recession already!
After giving palliative cash transfers to ghosts and feeding ghosts school children, you now remembered going on the recession. Nigeria is already on break.
We’ve known that before
We have always been in recession nah, which recession again, ask the ordinary Nigeria , abeggi dey should leave us alone, simple just say polithiefcians are going to recession because no oil money to steal for now
Sahara Reporter is equal to bad news reporters and supporter of book haram
She has never for once provide new ideas on how to grow Nigeria economy inwardly except on how to borrowing/obtaining loan all over the world... henryshield DokunOjomo
You don't say.
AChijioke Even before u pronounced it, we knew.
And you are there giving out monies to non productive sector of the economy, instead of providing a workable plan for the building of infrastructure. Give busines owners paliatives. Ensure the SMEs get funding. Encourage physical farming but providing tractors not audio farmers.
Our own recession Na because greedy men don share billions 😂
Funny I think; you run the country into recession and now you are telling me so I can do what? Are you not the minister, if you dont know what to do why not resign and go home?
This country is full of movie 🎥 directors and actors🤣🤣🤣so in all this Morning that you people has scammed us still you believe that I’ll soon bounce into Recession🤣🤣I swear Nigeria 🇳🇬 is the hell am seeing in the Bible😭😭😭I cry for our unborn children👀👀👀
To hell with the the zoo called Nigeria
Recession?! Where has the Nigeria been since 5years? Next write up abeg. Follow to follow back jare
Tele ko!
We've been in recession all my life. Let's hear word
Nigeria and recession,... Siamese twins!
How FG hasn't borrowed to pay salaries and stuff still baffles me Most powerful countries in the world are already in recession even if it's not a grave one I guess most Nigerians already know this as well But what are we doing to cushion thr effect?
Where we dey b4?
Pls u said may go!! We arrive in frst class since ..on red carpet with standing ovation!!
After you have embezzled, misappropriated and looted all funds meant for meaningful dealings, even the one you borrowed fiam, u chop everything .Lols we know you're matter will end up like that but I know that Nemesis will catchup with you.
Recession has become normal here don't say rubbish finance minister
Whats the difference are we not always on recession?
You people deceitfully spending fortunes on COVID-19 as if there is no tomorrow.
Already in recession, I know, it's not breaking news
If we go it still the same we don't to recession we are suffering
Brainless Finance minister, Countries with good and working economy have gone into recession owing to the pandemic and Nigeria's DEAD ECONOMY is still talking about the likelihood of going into recession. NINCOMPOOPS!
How does that concern me? We are suffering without the recession. It will be the same thing if the choose to drive the economy to abyss.
RECESSION OR.. RE ACCESSION...
Next!
We've been in this since 2015.
We have been in recession for the past 5years...
Lol....we are recession, we live, wine n dine in it please!
Can anything good come out of this govt?
If we fail to learn from the past, our future will never be certain
Nigeria for sale any interested buyer should come, if America like Ondo state make them buy am then another country go fit buy Abia, chad go fit buy maduguri we go give them all the aboki as jars
May go into recession?! What are we in now, pre-recession?
Where una dey before?
You sold your followers this scam
zainab Ahmed after borrowing Nigeria out abi? Weldone oh GOD is watching you
Shebi all of you were trying to run shoulders with NOI? Shame on you all
So all this While with all the various forms Of looting and corruption, the economy wasn't in recession? Na wa for this Minister. Gidi_Traffic
After borrowing and looting spree. No more ideas again
Na dem
Lazy people handling public positions,you people has looted everything what else you want us to do?when you people are feeding empty class room while school children are all at home
Abi Nigeria is already in recession
Una de wyn us ni?
Ah😮😰So we haf been doing testing all these while? 3 ova 3 b dat for Baba Zahra🙌
With this update, our government still spend recklessly.. Iike feeding and quarantine of 3000 returnees 1bn, among others.
Has Nigeria ever been out of recession since the Era of this Militarized democracy?
Why is she playing with grammar. We are already in recession
Una don high💊 i can smell that 😟😟
Thank God is still under probability. Henceforth, all social investment programs should be suspended till further notice. We can make good use of the money at hand, to survive the drying season looking at us with korokoro eyes 👀. No to recession òòò.
What were their plans during economic progressions.
What difference does it make... Nigerians have been going through recession for as long as Buhari has been ruling. Not news!
May Go, keep waiting till we come out. Because we have always been in recession, since elder brother, Dr. Slim threatened fire on his cousin looters.
Viral video.. YOU CAN'T DANCE MORE THAN NIGERIAN AIR FORCE AND ARMY, IF YOU LIK VIDEO, LET OTHER POEPLE SEE IT
Na today?
What is stopping us?
APC and recession na 5 and 6
After stealing all the money.. Criminals
NIGERIAN IS ALREADY IN RECESSION SINCE LAST YEAR..EVEN RAT IN MY NEIGHBOUR FEELS THE IMPACT BECAUSE PEOPLE ARE SEARCHING REFUSE DUMP NOW MORE THAN THE RAT...
Are we nt already in recession whn naira is presently greatly devalued to 500 a dollar............
One who is on ground does not need to fall again.
Why not when they have finished collecting all the monies in disguise of The purported feeding of school children while the lockdown last is pure daylight robbery by this government.
And they are spending money feeding children that are in their parents house. 8 weep for this nation. Ooo
Have we been out before?
Before the COVID19 outbreak, Nigeria economy was struggling to regain a broad-based recovery as a result of the lingering impact of corruption in country. Compounding this is the historic drop in the price of crude oil that reflects the global decline in economic activity.
Where were we before
Mtchew
Is she mistaken depressions for recession?
So where have we been since?
I'm confused oo...I thought we were still in recession already
Where is it now?
May?
We have never left APCNigeria recession before Perhaps she meant depression 🧐
why won't we go into recession when we are about to FEED IMAGINARY SCHOOL KIDS useless leaders all thieves
This is not news. Recession and Nigeria are like 5 and 6.
Foolish woman after borrowing so much thieves
DISINFECTANT BOX AVAILABLE NATIONWIDE DELIVERY CALL OR SEND A MESSAGE TO 08140252052
As if we’ve not always been in recession 🙄
With all the money bubu dey share and collect. I laff in corona
As part of effort to mitigate the impact, government should cut down on unnecessary expenses and reorder her priorities. Cut down on allowances and salaries of political office holders.
Good morning
We are already there, why is she repeating it? Same old story
chiefagbabiaka The one we’ve been in all this years is called what?☹️
May? Depression is looming!
I'm not going with you people So count me out pls
Mtwww very useless peoples
But they just approved chinco loan now
Are we not in recession already?
So what That’s your own problem coz na you eating our money 💴
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