How Can We Get Out Of This Recession - Politics

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How Can We Get Out Of This Recession - Politics - Nairaland

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How Can We Get Out Of This Recession by francoray(m): 5:48pm On Sep 01, 2016

Real GDP Growth rate: -2.06%

Nigeria's economy is officially in RECESSION.

Inflation rate for July 2016: 17.1%

Most affected sectors (Growth rate)
1. Mining&Quarrying: -17.19%
2. Electricity, Gas, Steam, and AC Supply: -10.46%
3. Accommodation&Food Services: -6.39%
4. Transportation&Storage: - 5.34%
5. Financial&Insurance: -10.8%

Resilient Sectors (Growth Rate)
1. Agriculture: 4.53%
2. ICT: 1.35%
3. Arts,Entertainment&Recreation: 1.80%
4. Education: 2.88%

Sub-sector with the sharpest contraction
1. Post and Courier Services: -67.88%
2. Motor Vehicle&Assembly: -29.35%
3. Oil&Gas: -17.48%

Source: National Bureau of Statistics

Re: How Can We Get Out Of This Recession by abokibuhari: 5:51pm On Sep 01, 2016

The RELIGION SECTOR should talk to God on behalf of all of us, Buhari came to kill, steal and to destroy angry

2 Likes

Re: How Can We Get Out Of This Recession by Nobody: 6:01pm On Sep 01, 2016

Not in the next 400 years undecided

Re: How Can We Get Out Of This Recession by Jay542(m): 6:08pm On Sep 01, 2016

Buhari must be under 1 mad pressure now angry

1 Like

Re: How Can We Get Out Of This Recession by ekesimo(m): 6:24pm On Sep 01, 2016

impeach buhari first.
then u come for the second

1 Like

Re: How Can We Get Out Of This Recession by BoboFashion(m): 6:25pm On Sep 01, 2016

CrazyQuinn:
Not in the next 400 years

Says who?

Re: How Can We Get Out Of This Recession by cstr15: 6:26pm On Sep 01, 2016

Jay542:
Buhari must be under 1 mad pressure now .

I doubt that.

Re: How Can We Get Out Of This Recession by Nobody: 6:27pm On Sep 01, 2016

I don't know how but I know it could take years.

Re: How Can We Get Out Of This Recession by Nobody: 6:35pm On Sep 01, 2016

BoboFashion:

Says who?

says me

Re: How Can We Get Out Of This Recession by BoboFashion(m): 6:46pm On Sep 01, 2016

CrazyQuinn:
says me

Haba, u small nah wetin u go fit say? grin

Re: How Can We Get Out Of This Recession by Nobody: 6:51pm On Sep 01, 2016

BoboFashion:

Haba, u small nah wetin u go fit say?

I've never seen Nigeria improve since I was born grin

but Jonathan days was way better than now cry

1 Like

Re: How Can We Get Out Of This Recession by BoboFashion(m): 7:06pm On Sep 01, 2016

CrazyQuinn:
I've never seen Nigeria improve since I was born but Jonathan days was way better than now

Nawa 4 u o, u dey compare life with death? Jona far beta nah. Asin eh! We importers dey hear "nwiiiii" as ringtone here o cry

2 Likes

Re: How Can We Get Out Of This Recession by Pavore9: 7:12pm On Sep 01, 2016

It should be more of how can l get out of this recession!

2 Likes

Re: How Can We Get Out Of This Recession by Ratello: 7:16pm On Sep 01, 2016

The dude is still test running the more reason he and his laughing VP should be kicked out of that place fastly. Only a reasonable, listening President can reverse this grim, self-inflicted recession around for the better within the next 2 years just by boosting three sectors;
1. Agriculture
2. Mining and Quarrying
3, Arts, Entertainment and Recreation

Note: Optimum Security is the determinant drive to actualize this though.

1 Like

Re: How Can We Get Out Of This Recession by Nobody: 7:17pm On Sep 01, 2016

BoboFashion:

Nawa 4 u o, u dey compare life with death? Jona far beta nah. Asin eh! We importers dey hear "nwiiiii" as ringtone here o

Re: How Can We Get Out Of This Recession by jakiedudu(m): 7:24pm On Sep 01, 2016

Any antidote short of True Federalism will only postpone the dooms day. Nigeria's current economic system has reached its elastic limit.

Re: How Can We Get Out Of This Recession by Jay542(m): 7:33pm On Sep 01, 2016

cstr15:
I doubt that.

Why do you doubt it? Or you think he doesn't care?

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