Nigeria will exit recession soon, says finance minister

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

The current recession, which the Nigerian economy recently slid into, will be short-lived, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said.

Ahmed said this on Monday at the ongoing 26th Nigerian Economic Summit organised by the Nigerian Economic Summit Group and the Federal Ministry of Finance, Budget, and National Planning.

The GDP dropped by 3.62 per cent in Q3 and 6.10 per cent in Q2, according to the National Bureau of Statistics. Ahmed said other countries also in recession, including the United Kingdom and the United States, recorded much deeper contraction than that of Nigeria.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I invite ZShamsuna ProfOsinbajo to take a drive from Lagos- Ibadan, or Lagos - Warri or any cabinet member NigeriaGov without convoy or escort OfficialAPCNg Then you will see how protracted Recession2 will be.

Recession only what about security matters?

What does she know?

The recession your government created

When are going to leave this level of we will not we have

i dont believe any word a politician tells me.

Talk to us in numbers, not some polished wordings. Numbers don't lie, words do.

When mismanagement was going on, and looting of funds, they didn't think of recession bah.. Nonsense

Show us the plan, e no dey, just vibes, promises and insha allah

Madam borrow borrow who want give you loan now

Mummy oyoyo haff spoken so make we all camdan😂😂😂😂😂

This woman an the other man wey him mouth be like kerosene gallon, who even lai pass?

Exit recession and enter depression chaii dis country never change ooo

well done auntie..... ba wan da ya tambe ki!

Soon we gonna be back with full force and it shall be a war without end between you all useless rulers and the youths of these nations ...it just a half time for now

What a mere talk we've been hearing from ages ..... Useless rulers

We can never cry for bad economy, please continue with the recession

Stop gambling with our economy

All these our ministers that went to night school, what do they know EndSars EndBadGovernanceinNIGERIA

Allah yaa yarda🙏

Soon ko sooner ni

What plans do you have in hand? What's the timeline? We don't need empty promises

Untill Buhari ceased to be the president of this country. Nigeria will always be in recession. He and his cabinet members lack the strategies, knowledge, and diplomacy to push this country forward. All this people called leaders are Parasite to the well being of Nigeria.

Is Nigeria in recession? Is always the same!

This is the worse finance minister.

Mtcheew

Says minister for borrowing and tax increase

You want to pray Nigeria out of it or you actually have ideas about how to?

Exit recession only to find ourselves in the same recession next year. We haven't learned anything

As if that will make any difference. To many, the country has always been in recession.

You and I know that's a big fat assed lie😒😒😒🚶🏽‍♂️

Like she can see that with a crystal ball abi? Is it for the unemployed or the bandits or the kidnappers or the middle class that has been reduced to no class

Nigeria has been in recession long before it was officially announced

Is this the new promise? Nigeria will certainly exit recession. We can't be in it forever. The question are how did we get into this? What were you all doing that led to this? If you know the way out so soon, why didn't you prevent it from even happening? Who is in charge?

Recession or no resession same same

...continue...

Na by mouth or action, if wishes were horses beggars would ride

go and sit down for goiter. What did you know, what are the plans to back up what you said

This woman is on codeine miss with alcohol. They just wake up and talk anyhow with directions. I’m happy no body take them serious again.

See her close-up teeth

Nigeria has been in recession before now. The political elites destroyed this country long time ago

How?

STFU🙄🙄🙄🙄

Promise?

Jesus Christ too is coming sooner self

When Nigeria is not in recession, what's our gain..

I believe you

Football match no Dey finish for first half even if na one thousand goals dem score

This woman should not be saying anything again... We go soon use una do something

EndSARS Watch some of the crazy stuff politicians have done on camera 👉🏽 and also Subscribe to the YouTube channel for more interesting videos

This one know work?

This people have turned recession to WhatsApp group Shaa!!🙄🙄

With this your unconvincing facial look, madam go and sit down.

Yes, with officials locking away palliatives. Prices of goods and services soaring from fuel price increase, Discos having a free reign, Insecurity everywhere and massive unemployment. The stage is set.

Need a website for your business/personal brand? We offer website design and development service for everyone. Send a DM for more information:

By borrowing more

If u all stop looting and return the one u have looted.

When you all return the money you moved or borrowed and start using your brain 😂😂😂😂

How much are we borrowing this time?

Does that mean is a delibrate action?

This dull so called minister, the most unqualified and inexperienced finance minister of Nigeria ever

Follow me now for a quick follow back asap 💯💯💯💯💯💯💯💯💯💯💯💯

This one that doesn't even understand the first word about Finance.

How?

We pray so.

Does she no anything?

Everyday power cuts and the islamist Fulani backed by the so called 'Christian' Britain is making your lives a misery. About 10 million people, ruining the lives of 190 million people and you say you are intelligent, a graduate, a professional, a politician, NO you're FOOLISH.

Go and hide your vasoline face somewhere Abeg...

This one talking as if they know what they are doing. 😂😂😂

When will the Govt pay back the money they borrowed?😏

Do you know any one that can work as a business service manager,with an ability to be creative in his/ her doingand a team player BCG Group is looking to hire for the position of BSM.Applicant with the above requirement should send his/ her CV to careers.quatechsystems gmail.com

Make una open land border first so that the influx of foreign rice will force down the price of our local rice. That way people see rice chop ds december. Same goes for veg oil, tomatoe paste etc.

How?

I will be having an intensive Crypto trading classes for one week for beginners and those interested in trading Crypto. Will be unlocking secret on how I make 5$ to $500 weekly. All this will be done via Zoom meetings, 1hr daily for 1 week. All those interested come to my DM.

Is this a prayer point or fact?

Senseless & shameless govt. U only borrow money that are looted by few politicians. Why not borrow to build factories, refineries & create jobs for d masses. A govt dat have no single clue & full of misplaced priorities. How long do dis adminstration Intend to keep us trapped...

basedonwhat is it d economy with petrol at 170 Naira or d falling Naira Air Force chasing cattle rustlers by helicopter. Police chasing youths with laptops, Army is patrolling in d riverine areas. Una do well Bandits IGR more than States. SecureNorth still praying on that 1

How did she even got there? Was this how Ugozi did it. Empty heads.

ZShamsuna May the Almighty God deliver Nigeria from the hands of your incompetent efforts to lead the Finance ministry. May the Lord Jesus Christ grant us the Grace to overcome non-Christians politicians besieging our money with expensive allowances. Amen! Impeach MBuhari

Nigeria has consistently been in recession for years now. The depression this recession has plunged citizens into is what you should be addressing. Hon minister, you and your principal has failed this nation. You have no excuse whatsoever.

This zoo is gone FOREVER.

Which year?...year 2035?....🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Cruise!!!

And tomorrow she will tell us how they have to borrow from Argentina to exit recession, finance minister supposed front desk Clark..

We accepted the news with your resignation mama.

Hajiya zubaida zubairu

Borrow more money please and that will get us out real quick

Soon for you people can be 10years time... We are not surprise by you people's sly acts anymore. Smh. EndBadGovernmentInNigeria

We need a date 🤔

You better start praying, I don't have to tell you who the poor will begin to have for lunch.😁

Will yuh keep qwayett...

Just for few

BOBO JUICE!

Incompetent hands

Nigeria is not the only country that is in recession today most country are in recession due to COVID 19 Pandemic. Please do not blame the government of the day.

Abracadabra

How much are you planning on borrowing this time around?

Most we enter at first

What were you doing when the economy was sliding downwards?

story

Nigeria's Recession is like a Malaria treatment, it'll still came back

Image laundering

Is she now a prophet?

Smile guys...more Abacha. Loot et all is on the way to get us out of recession

Weytin we nor go hear

Una do oo awon finance people just go and borrow 1 trillion from Niger republic that should be enough...

I don't think this woman knows what recession is.. Because if she knew, she wouldn't consider borrowing money anyhow in the first place...

I just wish we are in November 2022

We have been on recession 1840. It’s been God all the way if not , what we’re saying won’t be what we the citizens will be saying.. Kasamadupe!

Wetin this one know just figure head

What's the difference between recession and price of onions?

That's depression

I laugh in French😂, we are waiting oooo ....comedian governance

I doubt untill you start cutting the over bloated recurrent expenditure

Where were you before we entered the reception

Hope so

For the ordinary Man, the country has always been in recession with no way out at sight.

This woman sef na scam...

Tell that to your children!!!

When these incompetent use that word SOON .... Its very disgusting ...

Let's hope it's not wishful. By the way, I sell Natural Hair Beauty Products like Chebe and Karkar Oil to give you that tender soft sheen growing hair you have always admired. Send us a DM and we will respond immediately.🎋

Ion even know the difference between recession and it's opposite. Not in this country, keeps getting worse.

Clueless woman

Na Ogun go kill all of Una 🔥🔥🔥

When you change the figures like you always do.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines