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Tag "Recession"

Fashola: There was a worse recession in 1989 yet Nigeria didn’t disappear

    Fashola: There was a worse recession in 1989 yet Nigeria didn’t disappear

Babatunde Fashola, minister of power, works and housing, on Tuesday said he had his first contact with recession in 1989 but the country survived it. Explaining that Nigeria experienced a

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We are not responsible for this economic situation, says FG

    We are not responsible for this economic situation, says FG

The federal government says it is not responsible for the current economic situation of the country. Udoma Udo Udoma, minister of budget and national planning, said this on Thursday, describing

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Udoma: Nigeria needs oil to get out of oil-propelled economy

    Udoma: Nigeria needs oil to get out of oil-propelled economy

Udoma Udo Udoma, minister of budget and national planning, says Nigeria needs revenue from crude oil to diversify its economy. In a statement issued by Akpandem James, his media aide,

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Lai: Corrupt people doing everything to spoil Buhari’s good work

    Lai: Corrupt people doing everything to spoil Buhari’s good work

Lai Mohammed, minister of information and culture, says “corrupt elements are doing everything possible to obfuscate the good work of the present administration, as a response to the government’s determined

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Dangote group pledges to help Kano, FG out of recession

  Dangote group pledges to help Kano, FG out of recession

Dangote group has pledged to support the federal government and Kano state in exploring key sectors of the economy to

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Lai: We’ll no longer make excuses for recession

  Lai: We’ll no longer make excuses for recession

Lai Mohammed, minister of information and culture, says the federal government will stop making excuses about the state of the

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AfDB approves $600m loan for Nigeria

  AfDB approves $600m loan for Nigeria

The African Development Bank (AfDB) has approved $600 million loan as the first tranche of a one-billion-dollar budget support to

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We’ll come out of this recession stronger, says Buhari

  We’ll come out of this recession stronger, says Buhari

President Muhammadu Buhari on Thursday said Nigeria will emerge “better and stronger” from its current socio-economic situation. Buhari said this

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Running down the country won’t help anybody, says Saraki

  Running down the country won’t help anybody, says Saraki

Senate President Bukola Saraki says speaking ill of country is of no use to anyone. Saraki said this during an interactive

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I am a product of the rural area, says Obasanjo

  I am a product of the rural area, says Obasanjo

Former President Olusegun Obasanjo say he is “a product of the rural area”, and this has helped him to understand that

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