News
JUST IN: Nigerian Government Makes Big Promise to Nigerians (Details below)
The Federal Government has assured that Nigeria would exit recession in the first quarter of 2021.
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, gave the assurance at the ongoing 26th Nigerian Economic Summit organised by the Nigerian Economic Summit Group and the Federal Ministry of Finance, Budget, and National Planning, on Monday in Abuja.
The Minister noted that the COVID-19 pandemic caused the current recession in Nigeria.
Ahmed said the current recession followed the pattern across the world where many countries had entered an economic recession due to the pandemic.
“Nigeria is not alone in this, but I will say that Nigeria has outperformed all of these economies in terms of the record of a negative growth,” Ahmed said.
Nigeria had on Saturday slide into its second recession in five years.
Figures by the National Bureau of Statistics (NBS) said Nigeria’s economy had contracted by -2.48%.
NBS had disclosed that the current recession was Nigeria’s worst in decades.
10 Years Plus After The Death Of Yar’adua, See Recent Photos Of Ex- Firstlady, Turai Yar’adua (Photos below)
Actress Destiny Etiko Funny Pose With Her Backside Shocks Actress Ngozi Ezeonu (Photos below)
Wonders As Sakawa Boys Filmed Shockingly Performing Money Rituals At Odd Place; Video Drops and Goes Viral (Video below)
Vice-President Mike Pence Calls Vice-President Elect Kamala Harris To Congratulate Her
Man Utd transfer news: Defender medical complete, €80m star’s agent in exit talks, possible David Alaba boost (Details below)
Woman Gives Birth To An Old Looking Baby And Abandoned Him Because Of His Looks (Photo below)
Chai Who Say Juju No Dey, See How These Men Showcase Their Powers By Cutting Each Other With Cutlass
The Top 10 Richest Kids In The World Number One Will Shock You
Love & Relationship1 day agoAGAIN! JHS Student Skip Class to Give Her Boyfriend M0uth Act!on At A Conner (Video below)
News1 day agoHilarious Reactions As White Pigeons Released by Buhari At Armed Forces Remembrance Day Celebration Refused To Fly (Video)
Entertainment1 day ago“Insult Me From Now To Next Year, Your Insult Won’t Stop My Alert”- Bobrisky Brags
Celebrity Gossip & Gist2 days agoDrogba Separates From His Wife, Lalla Diakate, After 10 Years Of Marriage
