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Nairaland Forum / Nairaland / General / Politics / Nigeria May Slide Into Recession As Economic Indicators Flash Red (23272 Views)
How Buhari Plunged Nigeria Into Recession - Vanguard / Seven Of Buhari's Actions That Led Nigeria Into Recession / Nigeria Heading Into Recession, Says IMF (2) (3) (4)
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Nigeria May Slide Into Recession As Economic Indicators Flash Red by MizMyColi(f): 8:16am On Sep 07, 2015 |
Nigeria’s economy is decelerating at an alarming clip, increasing the risk of a recession by year end, as leading economic indicators flash red warning signals. cc: Obinoscopy Lalasticlala 25 Likes 7 Shares |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by Cjrane2: 8:17am On Sep 07, 2015 |
[size=13pt]Chai, from Changii to recession ba? Diaris God ooo! Why can't the dulllard accept that he needs a smart economist to run the country? Person that can't pass Junior high school wants to do complex economic calculations and projection? Chai, the kwantry called Naigeria has had it.[/size] in Korede Bello's voice,, Na GODWIN.... 105 Likes 10 Shares
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Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by Nobody: 8:19am On Sep 07, 2015 |
We would surely go through this tunnel, there's always a light at the end. Need anything from Jumia? Contact me now! 2 Likes |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by DTOBS(m): 8:20am On Sep 07, 2015 |
who know no, no go know #modified: That man below me should be given a presidential handsahake for his submission as a form of encouragement 3 Likes 2 Shares |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by PassingShot(m): 8:21am On Sep 07, 2015 |
My candid submission: 1. Given the fact that Nigeria for the first time witnessed a real/true change of government (from one party to another), it is expected that economic activities will slow down within the first few months of the new govt as it takes time to formulate a new direction. This fact is more reinforced when one considers the type of economy the new government inherited. It was an economy that the PDP/FG borrowed to pay its workers in March and April of 2015. Had PDP won, they would have continued the borrowing as crude price slides further. 2. Most of the economic performance figures given in this analysis were for the first two quarters of 2015 which are Jan, Feb, March, April, May and June. Of those six months, Jonathan was in charge for five months. So, if any blame is due for apportioning, it is to GEJ's government. 3. There is surely brighter future for Nigeria given that the new government has shown capacity to block avenues for leakages and wastages as seen with past governments. It is such efforts that have increased our foreign reserves from $29 billion left by GEJ (he met $47.7bn) to above $32bn in just after two months of PMB. It's same efforts that have increased states' and federal allocations for two consecutive months in June and July. 4. As we restructure NNPC and look more in other directions such as mining, improved IGR and farming, our dependence on crude oil which has brought this glooming economic picture will reduce in the coming years; and Nigeria shall return to better outlook. 5. With reduced corrupt business environment, investors' confidence will improve and Nigerian economy will soon start to pick up especially with the incoming new cabinet ministers in this month. ShowYourCertificate: sdindan: Cjrane2: BlackrulesDworld: You all represent proof of poor education. Waiting for your usual insults. I am immune to them. 84 Likes 8 Shares |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by MizMyColi(f): 8:23am On Sep 07, 2015 |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by Cjrane2: 8:23am On Sep 07, 2015 |
[size=13pt]Chai, from Changii to recession ba? Diaris God ooo! Why can't the dulllard accept that he needs a smart economist to run the country? Person that can't pass Junior high school wants to do complex economic calculations and projection? Chai, the kwantry called Naigeria has had it.[/size] in Korede Bello's voice,, Na GODWIN.... 31 Likes 3 Shares
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Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by dunkem21(m): 8:25am On Sep 07, 2015 |
1 Like |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by MizMyColi(f): 8:28am On Sep 07, 2015 |
14 Likes 2 Shares |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by megawax8: 8:29am On Sep 07, 2015 |
Lets hope things would CHANGE soon. Cc TheBodyLanguage 6 Likes 1 Share |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by sdindan: 8:29am On Sep 07, 2015 |
Nigeria indomie generation will start blaming Jonathan And leave their ministerless presidiot Buhari 43 Likes 3 Shares |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by LouisVanGaal(m): 8:29am On Sep 07, 2015 |
...Another wailer on the loose...it's because we had 'voodoo economic' team during the last admin, that was why you were blind-folded from reality... When they lied that our GDP was over 65% and erudites such soludo and utomi were raising alarm; you didnt come up with these piece... YES the economy is sick, and a large chunk of the problem was contributed by the PDP and their wastefulness in governance...ho ha!!!! Buhari yet to appoint ministers and we are still managing and seeing some benefits of change; how about when the ministers arrive this month nko?? 17 Likes 2 Shares |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by BlackrulesDworld(m): 8:29am On Sep 07, 2015 |
Everything is just declining under this dullard. Never expect a miracle from a dullard. 27 Likes 1 Share |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by 9jii(m): 8:31am On Sep 07, 2015 |
sdindan:Thank God the evil man was kicked out The whole world is going red. 11 Likes 1 Share |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by MizMyColi(f): 8:31am On Sep 07, 2015 |
3 Likes |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by carnegiefan: 8:34am On Sep 07, 2015 |
Don't worry. Buhari is still consulting with his cows in Daura. Soon he will share the ministerial positions among them. Nigeria is finished. 40 Likes 2 Shares |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by ShowYourCertificate: 8:34am On Sep 07, 2015 |
Buhari has always been a failure. A big one. 22 Likes 1 Share |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by genearts(m): 8:35am On Sep 07, 2015 |
Ty |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by bonechamberlain(m): 8:37am On Sep 07, 2015 |
watch as they put the blame of Jonathan.. apc where only interested in getting power and fulfilling their individual selfish interest. 26 Likes 1 Share |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by genearts(m): 8:39am On Sep 07, 2015 |
sdindan: When its bad, blame Buhari but when its good jona takes the praise... wailers 4:12 9 Likes |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by Nobody: 8:49am On Sep 07, 2015 |
Buhari is this the Change you preached . 20 Likes 2 Shares |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by IdisuleOurOwn(m): 8:50am On Sep 07, 2015 |
ShowYourCertificate: Yea, we know he is a failure that is why we voted him in. Now go hung transformer. 6 Likes |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by major466(m): 8:50am On Sep 07, 2015 |
The irony of this administration is that, the Daura born Magician who won presidential elections over five months ago had so far not been able to identify great minds to man the economy. Nigeria going down three months without a finance minister at a time the country is witnessing huge economic challenges due to falling international oil prices is unbelievable. 42 Likes 1 Share |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by Nobody: 8:51am On Sep 07, 2015 |
The north and yolobas mission is to drag us backwards 19 Likes |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by Nobody: 8:53am On Sep 07, 2015 |
major466: Person wey fail basic maths wan solve economic maths. Buhari the magician 40 Likes 1 Share |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by Nobody: 8:53am On Sep 07, 2015 |
That's what happen when you have too many Moslems with you in a country, people wey God don curse that they will never know peace. 23 Likes |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by IdisuleOurOwn(m): 8:56am On Sep 07, 2015 |
MizMyColi:Auty! Come and edit /modify your post. Barcanista your demi god is not here to help you out. |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by PassingShot(m): 8:58am On Sep 07, 2015 |
googlepikin: 12 Likes 2 Shares
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Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by Nobody: 9:01am On Sep 07, 2015 |
PassingShot:you people want to turn us to Syria and Afghanistan and Pakistan heavenly thunder go soon fire all of una 18 Likes |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by major466(m): 9:03am On Sep 07, 2015 |
WhiteTechnology:Don't mind the Magician. Truth is that power blocks within APC ranks are fighting tooth and nail for the formation of cabinet and ministerial nominations, especially the position of minister of finance. Anything less than the finance minister is unacceptable to the north. Same goes to south west, who pride themselves and their region as the economic hub of Nigeria. The Magician is in deep confusion as we speak. 20 Likes |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by PassingShot(m): 9:04am On Sep 07, 2015 |
If majority of the youths on the forum is a representation of Nigerian youths, the future better not belong to them. The youths here are mostly semi literate, lazy and have demonstrated lack of capacity for engaging in critical reasoning. All they're after is to engage in socializing and getting rich quick. Most of them don't even understand what a quarter of a year represents. How do you then engage such unintelligent people on politics and economy? 24 Likes 4 Shares |
Re: Nigeria May Slide Into Recession As Economic Indicators Flash Red by PassingShot(m): 9:07am On Sep 07, 2015 |
googlepikin: 7 Likes 2 Shares
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