In seeking ways to get Nigeria out of the worst recession in its history, the Federal Government is considering a $15billion (N4.72 trillion) fiscal stimulus plan.
The Buhari-led administration is seeking diverse ways to pull Nigeria out of the worst recession the nation has ever experienced.

Following the National Bureau of Statistics (NBS) recent official confirmation that Nigerias economy had slipped into one of the worst recessions in its history, the government convened a ministerial retreat last week to rally economists opinions on possible way out of the doldrums.

Premium Times reports that one of the key resolutions at the retreat was a four- pronged funding plan to generate and inject massive foreign capital, estimated at between $10 and $15 billion (about N4.72 trillion at N320 to the dollar) into the economy.

The Minister of Budget and National Planning, Udoma Udoma, said the stimulus plan would be funded majorly through sale of some national assets, advance payment by joint venture operators for license renewals, infrastructure concessions, use of
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