Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,162,459 members, 7,850,600 topics. Date: Wednesday, 05 June 2024 at 05:26 AM |
Nairaland Forum / Nairaland / General / Politics / Nigerian Economy In Compression, Not Recession– Soludo (1373 Views)
Soludo: Nigeria Needs 5 Vice Presidents & A Six-year Single Term For Presidents / Biafra ‘Ministers’: DSS Puts Soludo, Utomi, Jerry Gana, Labaran Maku Under Watch / Biafra: Zionists Form Interim Government, Utomi, Nwodo, Soludo, Gana Make List (2) (3) (4)
Nigerian Economy In Compression, Not Recession– Soludo by RipplesNigeria: 12:35pm On Mar 03, 2017 |
A more gory picture of the Nigerian economy was Thursday painted by Charles Soludo, Nigeria’s former Central Bank governor. Speaking at the ‘Big Ideas Podium’ an event organised by the Afri Heritage Institution in Enugu, he said, “The economy is not just in recession; we are suffering from massive economic compression. Saying it is recession trivialises the issue.” His lecture was titled, ‘Prognosis of the Nigerian Economy 2017.’ Soludo’s assertions were, however, immediately rejected by the Federal Government which, while acknowledging that the economy had been in bad shape, argued that, “Nigerians have demonstrated that they know that the Buhari administration inherited a sorry state of the economy but is working diligently to fix it with positive results now emerging. “What even the former CBN Governor, Soludo, cannot deny is the fact that the Buhari administration has ended the bleeding of the nation and is implementing reforms.” Full details: https://www.ripplesnigeria.com/nigerian-economy-compression-not-recession-soludo/ |
Re: Nigerian Economy In Compression, Not Recession– Soludo by edoboy33(m): 12:42pm On Mar 03, 2017 |
this confused corrupt man that looted CBN for a very longtime should shutup and hide his head in shame already |
Re: Nigerian Economy In Compression, Not Recession– Soludo by gbegemaster(m): 12:44pm On Mar 03, 2017 |
There's nothing somebody will not hear on this recession matter. 1. Nigeria is suffering from economic compression 2. Nigeria is in technical recession 3. Recession is just a word . . . Please add yours.... |
Re: Nigerian Economy In Compression, Not Recession– Soludo by Lanretoye(m): 1:02pm On Mar 03, 2017 |
no body or English word can better describe sufferness. 1 Like |
Re: Nigerian Economy In Compression, Not Recession– Soludo by sonofthunder: 1:02pm On Mar 03, 2017 |
lalasticlala, seun, ishilove... come and assist us oh.
Which one be economic compression again? 3 Likes 1 Share |
Re: Nigerian Economy In Compression, Not Recession– Soludo by Funlordmaniac(m): 1:23pm On Mar 03, 2017 |
sonofthunder: Is ishilove a mod? Or you just wan make she notice you so that you fit begin start to dey beg am for straff? |
Re: Nigerian Economy In Compression, Not Recession– Soludo by sonofthunder: 1:48pm On Mar 03, 2017 |
Funlordmaniac:huh? |
Re: Nigerian Economy In Compression, Not Recession– Soludo by yemmight(m): 1:51pm On Mar 03, 2017 |
So what is the solution now? Soludo has started talking because of the election in Anambra. All these people can't help. |
Re: Nigerian Economy In Compression, Not Recession– Soludo by sonofthunder: 1:56pm On Mar 03, 2017 |
@ Funlordmaniac ... I believe she's a supermod unless she's dropped said position. you can stop talking like a drunk now. |
Re: Nigerian Economy In Compression, Not Recession– Soludo by Funlordmaniac(m): 2:01pm On Mar 03, 2017 |
sonofthunder: You are definitely high on cheap drugs! Why don't you ask her yourself for a better clarification? Or you can as well mention one of the other mods and find out! No be only supermod na superwoman! All these NL kids that don't know their history sef! |
Re: Nigerian Economy In Compression, Not Recession– Soludo by sonofthunder: 2:04pm On Mar 03, 2017 |
Funlordmaniac:How did you come to the conclusion that she isn't? which of the mods did you ask? |
Re: Nigerian Economy In Compression, Not Recession– Soludo by Funlordmaniac(m): 2:15pm On Mar 03, 2017 |
sonofthunder: I have my ways! She used to be a romanceland mod as of 2015 before she got the boot/resigned! Just ask around...it is only new members that still call her name when they are opening threads! Just ask her sef...she would confirm it! |
Re: Nigerian Economy In Compression, Not Recession– Soludo by kettykings: 2:16pm On Mar 03, 2017 |
I hope some brainless security organisation who dont have any useful thing to do with them selves will no start harrassing this fellow over nothing |
Re: Nigerian Economy In Compression, Not Recession– Soludo by Nobody: 2:22pm On Mar 03, 2017 |
“The economy is not just in recession; we are suffering from massive economic compression" Amazing assessment Useless government 2 Likes |
Re: Nigerian Economy In Compression, Not Recession– Soludo by Omotayor123(f): 3:16pm On Mar 03, 2017 |
No be only Compression; Na Depression.
Awon Were |
Re: Nigerian Economy In Compression, Not Recession– Soludo by sonofthunder: 4:40pm On Mar 03, 2017 |
Funlordmaniac:in conclusion can we say you have an obsession for her as you know and keep so much details on her... p.s a newbie wouldn't know if she was ever a mod p.s.s. ....... ....... .................... |
Re: Nigerian Economy In Compression, Not Recession– Soludo by baralatie(m): 5:04pm On Mar 03, 2017 |
two guys fighting over a hot chick in politics section hmmmmmmmm |
Re: Nigerian Economy In Compression, Not Recession– Soludo by sonofthunder: 6:45pm On Mar 03, 2017 |
baralatie:I don't know about him but I'm not fighting for any chick but he needs to know his comment was out of line... he made no reference to the other monikers mentioned. |
Re: Nigerian Economy In Compression, Not Recession– Soludo by birdman(m): 4:12am On Mar 05, 2017 |
he is saying we are in worse than a recession. i have no idea what that means, but it cant mean deflation..prices are skyrocketing. i do know businesses are dying deaths of a thousand cuts. maybe thats what he means. in any case someone change the title..its misleading |
Re: Nigerian Economy In Compression, Not Recession– Soludo by onatisi(m): 6:19am On Mar 05, 2017 |
birdman:In compression everything shrinks and what it means is that the economy is getting smaller and smaller,if there is a recession and companies still stay afloat then that is still manageable. But when 45 out of 60 companies in a place close down,that means,less ppl at work,less money in the economy. I maybe wrong though 1 Like |
Re: Nigerian Economy In Compression, Not Recession– Soludo by birdman(m): 7:18am On Mar 05, 2017 |
onatisi: yah thats what i thought too. tons of little companies, and some big international ones just gave up and quit. frustrating |
Re: Nigerian Economy In Compression, Not Recession– Soludo by ehinmowo: 1:23pm On Mar 05, 2017 |
Nigeria is suffering from illiteracy...Nigeria is suffering from internal hemorrhage |
(1) (Reply)
Dino Melaye Poses In His Drop Top Phantom (photo) / Kano Emir Sunusi Disowns Instagram, Facebook, Twitter Accounts / Emir Sanusi Releases His April Salary Payslip, See How Much He Received [PHOTO]
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 23 |