Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister

  • 📰 channelstv
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister

Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday, said the country will exit recession by the first quarter of 2021.

The finance minister said the COVID-19-induced recession followed the pattern across the world where many countries had entered an economic recession.

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:

 /  🏆 7. in SG
 

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

Dr Aliyu of PTF told Nigerians about 39000Nigerian returned to Nigeria paid over 40k for Covid19 test.They never showed up for the test 7 days after arriving.Why do Nigerians fail to obey simple instructions.Has Dr tried to find out? Big question.

Olodo

Because you hope cost of crude would have gone up with Joe Biden stopping oil production in the US. Abi you get any strategy apart from oil price?

Whether we exit it or not as long as I'm still broke and jobless I'm still in recession

Oshey!👏👏👏👏👏Actor! You think is feem abi?!

Glory be to God

Have you secured more loans? It's very appalling listening to predictions of success using borrowed money. Depending on foreign loans for recovery is like covering your brain with darkness and still professing to see light. It's a shame!

Okoto......

Shebi Na she and Bubu dey borrow money anyhow wey dem no use for anything that will generate that money back. We go still enter countless recessions before 2023.

Don't worry your cup go soon full UKParliamentEndSARS

Says nepostic incompetent staff the crop opportunist that is pulling the country backward through their agenda... d gods are wise.... e easy? People who supposed to be feeding goats, selling waara along the road or at least teaching in Islamic KG pupils school

Iwowi

As if she know how it works

Don't pursue public image at d expence of personal damage

Is there anytime we are not in recession?

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

Y’all failed. Tueh!

Go back to school please and stop saying rubbish.

How do u want to come out of recession, when u r owing world bank, China , unemployment, inflation on the high side. Boko Haram , bandit, kidnappers, I you love this country, it is not do or die, pls u n ur oga should resign.

This woman is smoking MJ somewhere.

Hmmm we pray so! 😯

Why not y’all exit the government

As dem tell u to talk bah?

don’t yu think long run we will spend more, and you are talking about exit recession..... o wrong now

Why did you people allow it to fall in in the first place Just go to your house and enjoy your share ma. Thank you.

GTOH and start working!😫😫

What does she know, appointment by region. Man know man. This what we expect

Ourtv_ng The cost of Governance is the foxes that is killing Nigeria

Ourtv_ng Story for the Gods

Will the self inflicted setback in Lagos?

Ourtv_ng Foolish government

The projection is based on the assumption that the price of crude oil will increase in international market. If that fails to happen ,then the projection is just a wishful thinking.They don't have any economic blueprints to drive the economy out of recession.

Amen 🙏🙏🙏

And what exactly is the plan to exit the recession?

You have not cleared the air to Nigerians as to why the country slipped into recession but you are busy speculating when your government will come out of this economic gridlock made possible by ill-informed policies and greedy borrowings What re your strategies to come out of ot?

Not worth a punt.

Lies is in their DNA. Unrepentant sadists

We pray so

Like other lies

What is the strategy Ma?

Mrs finance minister what fiscal policies do u have in place? Are u all ready to cut down the cost of governance and be more of a producing nation than consuming if not please stop making predictions that are so unrealistic.

Everyone among you is useless! I told my parents this thing oo Don't vote Buhari,I don't think that man will help Nigeria..they no gree hear. Now see the outcome

What didn't know how we enta U magically know how we will EXIT 🙌🏾 Sai baba

Dis woman again, she dey stay with Lie 🤥 Mohammad

Minister wey no meaning of recession go know when e go end🤔🤔

If you no sabi how we entered, how you go sabi the end of it.

Prophetic proclamation or usual folly.

That's if they cut down on so much looting & extra vagrant executive and legislative funds

Idc anymore!We been in recession since year 2000

I don't understand is these ppl what kind of recession they are talking about?

Can we know the road map please?

Which Nigeria are they talmbout...?

They wrote the national anthem forcing you to sing their praises. All the so called heroes past are all criminals. Look at how UKParliamentEndSARS opened the dirty black yansh of the celebrated Gowon. Mention one hero past in Nigeria & I'll tell you what you don't know about him

Looking at her, can you believe anything she says? Do you see competence?

You didn't know in January that Nigeria will enter recession, na oyibo tell you. Now you're predicting. Lol. You must not say anything. Nigeria has always been in recession.

Whenever you like

May God spare our life

At this point I am worst than Thomas... Even when I see it I might still not believe it... Till then minister

we'll remind you of this statement in the first quarter

Lies , Finance Minister You Are In Trouble , Always You Like To Make Peoples Mad

Who is this one talking to? Useless people!

The level of incompetency in Buhari's Ministers is really overwhelming

🙏 Amen

Not realistic.

We pray o. But the rate of inflation is till on the increase and I don't think that will provide solution. It's about time we implement 'PRICE CONTROL' in this country to help checkmate some excesses... GodBlessNigeria

I wanted to say something but I believe time will tell. But Ma, keep quite or Shut up

Finance minister is mad, they are not affected,we the commoners are the ones cry that's why they don't feel ashamed when talking

Oloshi.....this woman is a liability biko

All Promises Cancelled (APC)

Is not just by saying it and people responding amen to it,and still yet no plans are made to make the economy or the country grow....is all just as if we running the same circle all over again

'Learn to grow old with againstcorona fightingcovid againstcancer a young heart.' Goethe

Church

She just open mouth wa, with no economy growth plan.

segilolaa That’s how powerful we are.

Ameen ya Allah

insha'Allah.

LMAO

Weed smoker

See eyeglass...$$$$

As soon as new loans are activated

There is no promise made by this government that was fulfilled, how would this one be different? No truth at all.

Why is this woman still the finance minister of her country? 😑

Lol.. Oga recession or not, to me things are worse already. When you are ready to change the name of the suffering let me know. Stop killing what is dead

We will end recession by borrowing from Brazil, Botswana, Tanzania, Uganda, Niger Republic, South Sudan and Congo. When there's no enough cash in circulation, Government pumps money into the economy, but in Nigeria they are hiking the prices of fuel, electricity, etc. EndSARS

You can pass the IELTS exam in flying colours and get a permanent residency to Canada. DM for details on the high score formula for passing the IELTS exam

No workable solution to exit recession. You think those Countries that have strong economies, do not plan . Foolishness of a Minister.

When you tie your sense with cloth, this is what you vomit

What is the substance in this position? How will Nigeria emerge from this recession in Q1 2021? What would have changed?

The same story every time. Why did you bring us to recession? Borrow borrow government. Poverty stricken folks in power.

We need to take them out from that office they are against the progress of Nigeria Everybody need to collect his/her PERMANENT_VOTES_CARD🇳🇬NOW BEFORE 2023VoteThemOut one of the ways to end the oppression tell the people around you to go and collect there✊🏿✊🏿PVC sorosoke📢

Where do they get these people they appoint from? Cos they dont represent the very brilliant Nigerians who are doing exploits outside the shores of Nigeria! I know we haveore intelligent people sha

They're even proud to say it. No shame... How dey won achieve that?

Lol at least dem nor deny am this time.

Aunty don collect prophets Job

How? Bunch of block-heads. Nothing to offer. Stealing and accumulating for an agenda that will not see the light of the day. God pass you and all of you.

After una don squeeze sweat from our body abi? Remember say judgement dey exist

Nigeria can't! Maybe when Buhari is out of Governt.

U guys should be fooling yourselves there

On what ground?

After stealing our money, nigeria went into recession. Curruption is the name of this APC administration

With massive borrowing and debt servicing formulas abi?

Only time will tell madam minister!

Issorait

This woman really love her job, she's so happy to say by first quarter Nigeria will come out of recession...by the time Buhari administration is over in 2023, only heaven knows the kind of debt deficits Nigeria will be struggling with.

We are watching

somebody say amen!

Should that be what you should address? You should first start by telling us why we enter into it at the first place.

No need for exiting from recession we are use to it recession or not we are use to it bcos we never for once noticed any of the advantages ok

Coconut head Minister. Doesn't even deserve to be a Treasurer even in a marriage committee

Look at person that went to school? I weep.

Yeah, to take a break, then go back by Second quarter. Abi?

Sorry to say ooo but when did Nigeria leave recession that u are talking about ending this one , to me the country is always on recession. May the most high see us through the struggle, but its really a miraculous thing for a Nigerian to survive Nigeria, it's not easy at all.

Fool

This administration failed. You people cost this Country so much hardship nothing even dey nna head

We will save dis words and see how far we fair afta 2 years frm now

Insha Allah ,everything will be fine once again ,once we end the recession,if not for recession everything was just fine and perfect...

Amen

Waka

You are talking nonsense...in the midst of abundance FG has created legacy of worst recession twice in five years.

🐄 s in government giving false hopes.

And enter recession in the second quarter

How will u do it?

When no be cinema 😂🚶🏽

You guys went to school abroad and can't control your country GDP How hard can that be , ordinary onion na gold

Yes pastor

With what?

Prediction

😂😂😂😂😂stuff of jokes

How ,?by borrowing abi what

It’s this tiff, her quack economic policies and financial tiff-ery that have put Nigeria in a recession. Now she’s talking out her ass about getting out of it.

Buhari has now scored 3recession Goal ....... 87 16 20 God I can't withstand this ppl Again!!!!

Amen oh, my sister. Amen.

Shame shame

No more lies🙅🏽

Because you've reduce 35% levy of import duties to 5%. APC government na scam as a whole, government of the greedy set of people.

It will never be well with you and Buhari,.... Recession to ma pa yin😏

Thank you Ma next please

How, by borrowing all the way. Dreamer.

Lol.. No b by connection oo.. Do the job now, u de give us date.. Una gt first class for failure 212

We hope and pray for this exit.

Please off the mic, we are done hearing craps

So before then what will be doing

Where was she when Nigeria plunged into recession ....

Okay Ma, We have heard

Okay ma

Illegal finance minister

Have they sent the memo to our religion leaders so the usual 30 days fasting and prayers can commence

Using which measures, madam quota minister

In the history of governance in Nigeria, no regime have ever led the country into two recessions, except for this inept government of Buhari/APC. If he had any concience, he should have resigned... but no, they and their cohorts are still blaming PDP, and OBJ for it

How, when we're a consuming nation without solid production

Lier

Abegi shutorpu

The government of Nigeria is wicked imagine blaming recession on covid 19 yet buhari is smiling anyhow,buhari is the cause of the hardship in Nigeria.with buhari wahala no dey finish

Fools

The government of Nigeria is wicked imagine blaming recession on covid 19 yet buhari is smiling anyhow

😌

With these thieves, we die there

Good condition

AliyuAtiku I beg where is my phone to play game and while away time than listening to rubbish

What have you put in place

Thieves and liars. God will judge all those oppressing the poor for their selfish gain one after the other.

This recession is like a beer parlour you enter when you like & come out when you like.

Tell us another lie! 🤧

🤣🤣🤣 Nigeria is fun country

Fake news!!!

If the saboteurs allow us, watch out, NLC might be their nest joker.

Shut-up Buhari lady friend!!!

Nepotism means that we have a finance minister that is just so glaringly short in her ability to design profitable mechanisms for long-term financing of infrastructure and without the sort of prior experience in finance that would have helped the economy and calmed investors

Is that when she plans to stop sharing money?

Can anyone beat this?If you were very much in the know of when Nigeria will exit recession,how come you couldn't stop the recession in the first instance?Were you the one that initially announced this recession or the World Bank?Something you couldn't stop! Tell that to the birds

Hi!I’ve found an insane way to earn money from home quickly! Just input your email, follow a step and get paid! It’s truly incredible. I really hope it helps you. It’s the easiest way I’ve ever seen...USA only!Check it out here:

How ? Give us the how

And we should be dancing skelewu for this abi?

My own be say the woman fine and she get the raba If she fit buy me lunch I no go mind Tuale oga CAS oh na money I dey ask for oh no be date

Sha dey give us hope, since 1960🙄

We hope so the country is good through difficult situation

Yes ion the bid to convince them to approve the loan yes..🤣🤣🤣

Good to be positive but positive affirmation without practical and credible plan will amount to declaring to make Naira and Dollar at par.

What are the action plans to make this pipe dream a reality

You can't say next month

We have always been in recession madam finance for your information. Still waiting for one good news that we can point to that our money was used in achieving it. Not those ones with borrowed funds o. 😃

Stop steal public money and finance Jihadists Terrorists Fulani Herdsmen and Boko Haram

AliyuAtiku That's what your telling always.

Future impossible tense.

THIS FAKE NEWS...

😳.. With the way dis woman dey borrow upandan since you sure say she know wetin be recession 🤷‍♂️

I didn't even know we still have minister of finance. What is the deep experience does this lady has to be handling this essential post? Post mostly involving economic growth & national development are all held by same people of same region who once scored D7 in economics. And

....what a stupid statement. Is recession beans

Clueless Minister Of Finance, the dumbest ever in our History.

There's this saying that every recession that Nigeria enters is always the worse in history, pls when will our GDP declaration is going to be the best in history? stopborrowing makeourrefinerieswork.

See your scam statement like first quarter. Stop with the empty promises already stop paying ex governors pension use that money to revive our economy and create employment

How

Lier

Theory or Fake News. Show us facts

Fake News

I say Amen because I am a Nigerian living in Nigeria .This recession , inflation is not funny o.

Another sad news for the naysayers.

After selling Nigeria!!

Tell us the plans and measures to achieve this

This woman always high on drugs

How sure is that

All things being equal. Let us hope that 2021 will not throw up a new challenge.

So sad

Two recessions in five years. It has never been this bad in the history of this country. Buhari has made history.

So we get finance minister?

As far as I am concerned nigeria has been in recession since buhari became president

Failed country

You bet. We can exit it sooner with a little adjustment in 1% expenses.

My 2021 is peaceful ijn

Amen.

You have started channeling your problems to peaceful 2021

By magic, right

And resume when again? Cuz I'm sure we still going back

They replaced Kemi with this nonperforming b**ch, because of nepotism, oya do the job nau. You still have a case to answer on how you shared money to your principal during lock down. You and your generation cannot escape hell. EndBadGovernanceinNIGERIA

How o

Nonsense!

What of the money you guys have stolen from from country bring them out so that we can wave this Recession bunch of thieves Oleeeeeeeeeeee👏

Dreamer

This government is clueless🤦

Inshallah

tijanihabeeb This your time series data must be backwards

Yes, they will exit and stand at the door waiting to enter again

You forgot to add insha'Allah.

In Jesus name. Amen

Get a few heads up from Dr. Ngozi Okonjo......You would have been fired, if it were a private coy.

U the see future abi

Nigeria has being on recession since 2015

Nasooo😒

That would be when the looted funds have been rediscovered

I think she should be very ashamed of herself to say this without any plan on ground to turn things around... They budget is an apology .. Can you keep quiet

Story! Story

Nonsense

Since she know say na them put us inside there with all the Money dem dey borrow

In shaa Allah.

Story story.

I no even get wetin to tell you. Thieves!

This finance Minister is not ashamed of her self..

OK na. Anyways, I have these buildings for sale at FUTO, owerri Imo state, check them out, if anyone interests you, I'm a DM or call away.

These ones are just using Nigerians to play ludo, recession that has always been around since the inception of this scam of administration. 😎

Of 2023 you mean? EndBadGovernanceinNIGERIA

It's easier said than done. Pmb and team are not ready to make things change. The economic policy is no proactive to bring Nigeria out of this recession.

Nigeria send you VN?

When she keeps on borrowing, and disbursing the money to invisible and unaccountable projects.

We've always been hearing this

tijanihabeeb C her mouth

She meant Nigeria will borrow more,finance minister that can't revive an economy only to borrow.

We have long been in recession but was got Officially announced else it wil be regarded as fake news. Even if we don't exit they will still say we have so far. But u n I still knw the truth. It is not well even wen we say it well. To all ya still shouting experience. NasoHeBe

Akuko enwe na agu !

Madam Minister , Keeping a Poker Face Doesn't make you Efficient. You are Part and parcel of the incompetent hands that have RUINED the Nigerian Economy, so do pardon us if we choose not to believe your Phantom Rhetorics .

....And enter it again in the final quater of 2021. Na hide and see dey now o. Recession and deception.

Wetin this one sabi

I legit forgot there was a finance minister

Where's Atiku the man with a heavy heart, someone should tell him to go back to Dubai with his heavy loot.

Whatever she says add 6 months to it.

SNITCHES AND RATS 🐀 💔

By waving a magic wand?

Me reading this on newspaper

Nigeria has been in recession since you people came on board.

What are you going to do differently to ensure that happens? Abi na mouth you go carry proclaim it and it will happen? Will you GTFOH!

Say God first before I believe

Source

Mtchewwwww abeggi

Abeegi 🙄

Na u sabi

We hope so

No , dont exit ooo.... let the country sleep there....oloriburuku ni gbogbo yin......Ogun kill you and your oga at the top

Does she mean with the activities of bandits and bokoharam in norther Nigeria

ANAN Accountant. Can't really give what you don't have.

Story

Ever since this woman took over from Adeosun.. All I hear is we ought to borrow..na borrow borrow I d hear since oh..

In theory or in practice?

Failed minister failed administration, if it were to be a a sensible country this one would have been fired since .

Law of nature, Economy---- negative Currency--- negative Income --_-- negative Employment---negative Security---- negative. What are your solutions, do something

Odé

Xo make hunger turn us bald before den abi?...Something punish una

Story for the gods

If una like make una no come out of recession. All of us dey inside together

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...

Ever since HMKemiAdeosun cease to be Finance Minister, I knew we will get to this level. Nothing dey this woman head. A dime ASUU will not get, u will hear them telling ASUU and co we are in recession.

U do well...una get yam and knife, make una do as una like

Nikita racha otu gi

Which measures areFG underMBuhari Ministry of Finance doing over time to stop Nigeria from ever getting in recession. FGMBuhari spent 5 years blamingGEJ for recession. I guess they are gonna use the next 3 years to blame EndSarsProtesters. What's the economic team doing

You can pass the IELTS exam in flying colours and get a permanent residency to Canada. DM for details on the high score formula for passing the IELTS exam

You guys use mouth to get out of recession. You don't take actions in getting out of it. Safe journey.

By the Grace of the Almighty God, it's not by hopeful prediction, it's by actions and plans. May the Grace of the Holy Cross of our Lord and Savior Jesus Christ endue us with power to overcome all incompetent northern politicians leading the country astray. Amen! EndAsuustrike

Who should we trust?

Prof talk one thing, madam talk another thing. Nawa o them nor de do meeting?

Till then make we dey soak garri .

Olodo

So you know when Nigeria will come out of recession but didn't know how and when she entered into recession. Prophecy with sense oo.

🤣🤣... By wishful thinking right?

Which will you take?

They need to support d SMEs and also create more investment by doing this they are creating more jobs and by creating more jobs productivity will increase, when productivity increases inflation will reduce, and also there will be more than enough to export,

Are you God? Zainab.

See as e dey sweet for there mouth to talk ..

Continue with your big lie

ok, will ya

😂

If Corona no come back 👈

U are a joker

No more lies🙅🏽

With what on the ground than just empty words without nothing than assumption

Talk is cheap,back it with actions and plans

Failure don’t speak let success talk for itself, You people should give this government a south try. Nigeria StopthetribalismInNigerian 🇳🇬 EndBadGoveranceInNigeria

Is it magic?

The news should be regarded as FAKE until if she tells us what measures are in place already.

Story

Lemaoo

Your consistent borrowing put us here in the first place.

Lolz since buhari don bcum president of dis nation we don dey recession automatically....... God go punish all ur administration

Bc na u de pilot Nigeria?

It's Photoshopped

How we take enter recession in the first place 😑

By magic, why didn't you use the same magic to stop us from entering recession. Ndi ara

Where did this one come from?

In your Imagination!

Open yr mouth and the non sense they feed u with, ewu

Who told you that?

Go and learn work from okonjo iweala. Madam

No even anytime soon, so we should sort ourselves out till then. Okoooo

Your voodoo economics is only on paper

rubbish talk

You can enter and exit recession as many as you can but all we know is that one day nemesis awaits all evil doers.

Imagine a whole Nigeria making a northern finance minister.

failed administration

hmm... i'm suspecting these people also predicted when we would enter this recession o... hmm...

If only you have plans on ground, not increase in VAT and other means that will increase the suffering of the masses.

How do you expect the economy not to keep plugging in and out of recession when the person in charge is clueless.

I love their forecasts. Later on we'd watch another edited broadcast from MBuhari that he's not aware of the recession. Dealing with a country like its PS 5.

Ezi

Full of Hope The country we live love that

FAKE NEWS ALERT !!!

Omo see economic prophetess EndSARS

How? Eyin empty skull

Nothing Good comes out of this womans mouth Allah

Mismanagement woman handling finance😂😂😂

We’ve never been out of recession

Super story

I blame buhari

Look at this idiot 😤, Nigeria has constantly been in recession but most people don't know . Have asked yourself why petrol has never decreased in price. why are previous years always better than the one we're living in presently.

👍

Talkative All talk no action

It's not your i don't blame you

You can't just wished it away, something must be done to exit it.

Liars, thief's

I think she won said Nigeria will enter Depression by the first quarter of 2021

Werey woman

Oga go say I no dey talk. Abi? With the economic and and infrastructure visible to all the rising indebtedness ,trade imbalance, yearly Budget deficits. Your calculations are madly untenable

How does she even know that, Olodo in power... Guessing up & down

Goat what was you fools looking at till the situation got worsted to this extent,, failed government, failed leader's, failed country

Una fit de dere oo,e no matter

Taaaaaa

This incompetent person

Singapore Singapore Latest News, Singapore Singapore Headlines