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Nigeria’s Economy Could Slip Into Recession, CBN Warns - Business (3) - Nairaland

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‘Anyone Caught Abusing The Naira Will Face Jail Terms’ – CBN Warns Nigerians / 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" / Nigerian Economy Slips Into Recession - BBC (2) (3) (4)

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Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by omooba969(m): 8:19am On Sep 23, 2015
What does RECESSION mean because I am confused as per how to characterise Nigeria's economy now? grin
Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by intrepid: 8:25am On Sep 23, 2015
You are scared of the mess ,huh? Did you not read that the GDP was all time high during GEJs rule in the same passage,or did you read it upside down?
Continue deceiving yourself.
Burger01:
Aftermath of Jonathan's reckless rule. Jonathan was indeed a disaster to Nigeriaundecided

12 Likes 1 Share

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Nobody: 8:26am On Sep 23, 2015
Burger01:
...and you are a christian.. smh undecided

And so? undecided
Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Themandator: 8:26am On Sep 23, 2015
Burger01:
Aftermath of Jonathan's reckless rule. Jonathan was indeed a disaster to Nigeriaundecided


Common sense would have made it clear to you that from the report, the slide has been largely if not entirely sure during the last few months of body language economics.


The man said proactive steps which is a way of advising Mr president to constitute an economic management team and stop imagining that mere fight against corruption will lead to an economic Eldorado... .. There is no correlation between anti corruption fight and effective governance.. . That's is from an Havard researcher.

You can fight corruption and still leave the populace worst off than they were during the so called regime of corruption.

7 Likes 1 Share

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by ecel: 8:26am On Sep 23, 2015
On the economy, here less people will comment. Here people will blame everything on the past administration. What are the measures that the new government has taken since assuming power? What are their economy policies? There is no money in the land. Workers are not paid? Our youths are turning to badoo everyday. I think we should shout on these politicians to provide for us rather fighting themselves and some people will be supporting those thieves that have stocked dollars in their various homes to spend for the rest of their lives. They are just wasting our own time people. They are powerful than most of our systems in government. Let us continuing to work on them to establish a government system to prevent corrupt people from holding public office in future. Let us challenge CCT or CCB to publish all asset declarations of all political and public officers since 1999 only and all of us will be amazed that even ordinary permanent secretary is richer than Saraki. What about contract inflation where Nigeria is loosing billions of dollars to these clueless thieves? I salute PMB for achieving these far but they should please come out with their economy policies rather being a photographic government.

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Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Nobody: 8:28am On Sep 23, 2015
Captainswag225:
i hope so too but baba must appoint his ministers quickly for them to handle these situations before it become worst. He has to know that he cant do it alone.
yes he have to do it quick,I wonder what he is still waiting for
Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Captainswag225(m): 8:30am On Sep 23, 2015
onomeglo:
yes he have to do it quick,I wonder what he is still waiting for
baba go slow. Lol

2 Likes

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by omooba969(m): 8:30am On Sep 23, 2015
john4reala:
Nigerians thinks Okongo iweala was the problem .... Let me see the Qualified Economist under your illiterate PMB who can stabilize the Economy....... Buhari went to Pack all the Secondary School dropouts and give them what they cannot handle while young youths are here suffering..... #Gerrarahere

@bolded,

Do u mean to say she's not part of the problem & can u pls buttress the basis of ur argument? cool

1 Like

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Gaskia: 8:32am On Sep 23, 2015
From late 2013, oil price started going down and the economic team implemented several measures to cushion the effect and shield the economy from bleeding. One of such steps was the ''un- bundling'' of the power sector which saw a huge inflow of foreign direct investments. Another one was the implementation of the local content act which attracted external funding to assist new Nigerian E&P companies to buy assets from the IOC's and develop them. The investments provided a buffer to the economy. Other ones were the stimulation of the Agric sector which saw a remarkable rise in agro exports and the new automotive policy that attracted investments from auto giants to build their plants in Nigeria. Also was the strategic economic relationship with China who is the global hub for retail business. The country was able to reduce inflation to a single digit and our economy gained global recognition as evidenced in the positive independent ratings.

It takes integrity and competence to run a large economy like Nigeria especially in time of crisis like now. Buhari's integrity is not in doubt by me but I cannot vow for his competence and maturity in handling complex economic situations. He does not need to be an economic guru but he should apply his temperament correctly and avoid party and regional sentiments in appointing drivers of the economy. He should not be afraid of making mistakes as a leader. He should consult widely but swiftly. His utterances should be checked. For instance, he has already brandished the ministers he will appoint as noise makers, this may affect the way the global business group view our ministers when dealing with them.
Buhari needs the support of all of us to succeed and he must also make effort to earn it.

8 Likes 1 Share

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Nobody: 8:32am On Sep 23, 2015
... and I say son, its easier for an elephant to pass throw the eye of a needle than a body language to improve the economy of any nation. No matter how odourcious it is!

5 Likes 2 Shares

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by nkowaputa(m): 8:33am On Sep 23, 2015
Burger01:
Aftermath of Jonathan's reckless rule. Jonathan was indeed a disaster to Nigeriaundecided

It's rather directionless and purposeless leadership of PMB. How long will you blame GEJ? When 4 months into PMB administration no one knows his economy direction. Its time we forget about GEJ and hold PMB responsible for this government.

6 Likes 1 Share

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Sultanchidi(m): 8:35am On Sep 23, 2015
NetBizguy:
Nigeria, they have ran you down!Receive sense, cus u don't have any



Stupidity of the Highest order
Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by osazemonday: 8:36am On Sep 23, 2015
You really need to read the article again.
This is in no way GEJ.
Burger01:
Aftermath of Jonathan's reckless rule. Jonathan was indeed a disaster to Nigeriaundecided

2 Likes

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Nobody: 8:39am On Sep 23, 2015
Captainswag225:
baba go slow. Lol
lol there is God ooo,the old man is only acting his age and the title suits him sha grin

3 Likes

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Sultanchidi(m): 8:41am On Sep 23, 2015
Burger01:
Aftermath of Jonathan's reckless rule. Jonathan was indeed a disaster to Nigeriaundecided
Receive sense, cus u don't have any

2 Likes

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by mu2sa2: 8:43am On Sep 23, 2015
Where are the self-appointed "men of god"? They claim they can do and undo. Here's job I.
Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by jimi4us: 8:44am On Sep 23, 2015
Africa will always be Africa. how someone will sit down and believe that an old military dictator can rule this country in this digital age, its crazy. now they will all suffer it. it's next year around feb/March people will feel todays story.

6 Likes

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by nickxtra(m): 8:46am On Sep 23, 2015
CBN should channel this information to the President and appropriate authorities instead of bringing it to the public square, or are they acting any script?
Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by christinie(f): 8:49am On Sep 23, 2015
Buhari is the cause of the decline.
ThePeacemaker:
вυнαяι ιѕ нєяє тσ яєѕ¢υє ʝαє..........иσ ѕнαкιиq
Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by omooba969(m): 8:57am On Sep 23, 2015
Warlord3000:
Will like to believe this is expected before a full revival

God bless Nigeria

@bolded,

grin grin you for add crusade join am na! grin

1 Like

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Nobody: 8:57am On Sep 23, 2015
Seun:
Dear CBN. You can prevent Economic recession. Just drop the outdated Kangaroo Economics you have been practising.
LOL

1 Like

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Nobody: 9:05am On Sep 23, 2015
aguiyi:
now na morning. shey una dey celebrate body odour, e never even bizzle most of una don dey recant, i laugh in Biafra

You biafra didnt do anything good forty years ago and it wont do anything nw, its people like you that makes the rest of the country see igbos as hate mongers and criminals whodont even likethemselves talkless of people outside their tribe so shut up or leave. angry
Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by udemzyudex(m): 9:08am On Sep 23, 2015
Burger01:
Aftermath of Jonathan's reckless rule. Jonathan was indeed a disaster to Nigeriaundecided


Your sense of reasoning is oozing, pls do something about it fast.

3 Likes

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by hemartins(m): 9:11am On Sep 23, 2015
abiambo:
It's d job of the minister of finance and minister of the economy.
Sadly our dear bubu say him body odour go take care of that 1... till d angelic ministers arrive
Sai dullard
#5Percent

guess you feel good now after abusing your President.
Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by repogirl(f): 9:13am On Sep 23, 2015
Seun:
Dear CBN. You can prevent Economic recession. Just drop the outdated Kangaroo Economics you have been practising.
Don't blame the CBN, blame Buhari! CBN's hands are tied and you know it.

The CBN is just acting according to the boss's wishes, so don't blame them.

2 Likes

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by lordnammy(m): 9:14am On Sep 23, 2015
This is the effect of government without formulated policies n vision; if recession comes wc country can contain our refugees: the ought to have seen this before now.

1 Like

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by wanted222(m): 9:16am On Sep 23, 2015
Burger01:
Aftermath of Jonathan's reckless rule. Jonathan was indeed a disaster to Nigeriaundecided
u are an idiot

1 Like

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by neocortex: 9:17am On Sep 23, 2015
2rutalk1:
The only Nigerian Economist alive that can help revamp Nigerian economy from its sorry state is Prof Charles Soludo. I know many will not take this, but that is a fact. Contractionary policies should be jettisoned right now while the governemnt should pursue expansionary policies in order to boost the real sector of the economy. And I can guarantee you that this is one macroeconomic area Charles Soludo is good at. He remains the John Maynard Keyness of Nigeria. If Buhari ignores Prof Charles because of political or ethnic reasons, I am sorry we may not find it funny.

The same way he revamped the failed banks.
Soludo kept quiet even though he knew many banks were insolvent,
who knows the amount of bribe he took from those failed banks.
Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by hijodedios: 9:20am On Sep 23, 2015
Burger01:
Aftermath of Jonathan's reckless rule. Jonathan was indeed a disaster to Nigeriaundecided

Your own ignorance is overwhelming,when GEJ was president,Nigeria was the leading economy in the whole of Africa and every other country in the world wanted to invest in nigeria,and now whats happening after your ignorant type voted for change? if you ever relate GEJ with whats happening to nigerias economy today,the tunder wey go fire you still dey do press up.Just take your change and do whatever you want with it,dont complain.

1 Like

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by neocortex: 9:22am On Sep 23, 2015
nickxtra:
CBN should channel this information to the President and appropriate authorities instead of bringing it to the public square, or are they acting any script?

Who can dare face Buhari with such "nonsense".
Buhari is an all-knowing economic guru.

2 Likes

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by Kingspin(m): 9:26am On Sep 23, 2015
Some people are busy clapping for Tinubu and Buhari over Saraki, an endless issue till 2019, while our economy is getting worst daily. Our politicians brainwashing there supporters since 1960.

3 Likes 1 Share

Re: Nigeria’s Economy Could Slip Into Recession, CBN Warns by tete7000(m): 9:27am On Sep 23, 2015
As far as Buhari is concerned, no need for concern. He refused to form his cabinet, he claims ministers are noisy makers. Only him and his civil servant will run the economy. He junkets around the world giving information needed at home to crowds abroad. He will soon travel to US today I think and from there he will tell us how he intends to revive the economy. Is it Jonathan we said was clueless? I guess we are just seeing cluelessness of the highest order from PMB. One chance Nigeria.

1 Like

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