Buhari's
economic team has announced massive news about the ongoing economic
recession in Nigeria which has plunged Nigerians into hardship.
Godwin Emefiele
Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele,
and managers of the nation’s economy, Senator Udoma Udo Udoma, Minister
of Budget and Planning; and Mrs. Kemi Adeosun, Minister of Finance,
yesterday, said the nation’s economic crisis will soon come to an end,
insisting that “the worst is over.”
Disturbed by the despair in the land over the nation’s declining economy, the Federal Government, last night, released what looked like a formula to steer the economy out of recession and make the people heave a sigh of relief.
Disturbed by the despair in the land over the nation’s declining economy, the Federal Government, last night, released what looked like a formula to steer the economy out of recession and make the people heave a sigh of relief.
Senator Udoma, Mrs. Adeosun and Information Minister, Alhaji Lai
Mohammed, told Vanguard in separate interviews that the government was
taking active measures to bail the economy out of recession. Speaking in
a similar vein, Governor of Central Bank of Nigeria, CBN, Mr. Godwin
Emefiele, said the worst is over as far as the recession was concerned,
stating that by December, the economy would be fully out of recession
and be on the path of growth.
As a confidence building measure, the federal government has asked
Nigerians not to panic over the recession, as it was not the first time
it had occurred, assuring that everything was being done to check it and
alleviate the impact on Nigerians.
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