Finance Minister “thinks” Nigeria is getting out of recession
Mrs Kemi Adeosun, Minister of Finance, has said, she ‘thinks’ Nigeria is getting of recession. Nigeria’s economy officially entered recession last year and with Nigeria’s President, Muhammadu Buhari’s ill health, there is no sign of Africa’s most populous country getting out of it. Nigerians are suffering the effects of the economic crisis with prices of goods and services almost increasing by more than 300% in the
Speaking with ChannelsTV on Friday, June 2nd, Kemi Adeosun said, statistics showed Nigeria is getting out of recession. In her words; “I think we are getting out of recession. All the statistics seems to suggest that but more importantly, we are getting on the path of growth that will be sustainable so we can see a future for Nigeria. So I think it is getting better. We inherited a lot of problems. The Nigerian economy didn’t just need a little bit of fix here and there but needed radical surgery and to heal it will take a little bit longer” she said.