So Reno Omokri set out to his Facebook account and gave this definition of Recession.


" Somebody asked me to define recession. This is my definition: When you replace an Ngozi Okonjo-Iweala who has a PhD in regional economics and development from the Massachussets Institute of Technology as her highest educational qualification with Kemi Adeosun who has a a Bachelor of Science degree in Economics from the University of East London as her highest educational qualification, the result you get is recession."

That's the perfect definition for the word. We have gold in Nigeria yet we make use of aluminum all because of political differences and pride.

Some may argue that the price of oil wasn't low under GEJ as it is now but mind you NOI was also a Minister under OBJ when the price of oil was as low as $20, yet the economy still thrived under her and we had enough to save and even pay off a huge chunk of our national debts.

President Buhari should swallow his pride and call on those who can save our ailing and dying economy.


Lalasticlala

OP which kain killer pass you give us so? na you post na you first comment



All this no deduct your salary na Mr Omokri

Lol I just like this man

chai !!!!! see finishing

Lamzee:
OP which kain killer pass you give us so? na you post na you first comment



All this no deduct your salary na Mr Omokri

Bros no vex abeg. Me sef wan build house for that land.

So substituting through, recession in Nigeria can best be known as Adeosun. Lollls


We when she fail the arithmetic mental sum during the interview on WAEC, I knew we were in for the unknown.

This govt and her supporters has no reason to blame oil price fall for the recession.
The 2016 budget was planned on $36/barrel with 2.2mbpd. Now according to Kachikwu, we are exporting 1.7mbpd, a shortfall of 0.5mbpd and oil price is rallying between $42/b. Thus we have a excess of $6/b. Can the mathematicians help us yo see what we have?

In addition, there is no subsidy payment. How then do we have revenue short fall?

wats dis wan saying

This guy makes too much noise these days. This reccession started right under the Same almighy Ngozi. In 2015 b4 our dear PhD holder left she borrowed to pay federal civil servants while many state govts couldnt salary for several months. What am i saying ? Kemi is evidently not doing too good yet i dont think Ngozi would ave done better in this present condition even with her almight PhD. Every Nigerian does suffer from that disease called short memory.