Flash: Nigerian Economy Slips Into Recession - Politics - Nairaland
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FLASH: Nigerian Senate Of Fraudsters- Saharareporters / Nigeria Heading Into Recession, Says IMF / Nigerian Economy Slips Into Recession (2) (3) (4)
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| Flash: Nigerian Economy Slips Into Recession by globe16: 5:10pm On May 18, 2016 |
The World Economics SMI reports that the Nigerian economy continued to contract in May with Q2 ushering in the first quarter of negative growth since Q1 2015. Product sales and employment levels declined again during May while market growth reached the lowest level since records began. At the same time, prices continued to rise sharply indicting year-on-year inflation will likely fall back a little from the official figure of 13.7% reported for March. Overall, the latest SMI data suggests that growth is likely to weaken further by the end of the second quarter and the weakness will continue into the summer.http://www.worldeconomics.com/SMI/Nigeria-SalesManagersIndex.efp |
| Re: Flash: Nigerian Economy Slips Into Recession by globe16: 5:14pm On May 18, 2016 |
This was the same economy GEJ handed over to Buhari in very good condition.. Una never see anything.. |
| Re: Flash: Nigerian Economy Slips Into Recession by DropShot: 5:15pm On May 18, 2016 |
globe16:Stop the crap! Anyone with half functioning brain understands that PMB inherited a badly damaged economy. An economy that was borrowing to pay salaries as far back as March 2015. An economy that the Finance minister predicted doom for when she said Nigerians should brace for tough times ahead. An economy that was badly and shamelessly looted by those you supported. The condition of Nigerian economy today is a result of bad decisions of at least 3 to 5 years back. Leave insults and name-calling out of it, let anyone who feels differently come on board for a robust discussion. 1 Like 1 Share |
| Re: Flash: Nigerian Economy Slips Into Recession by Thewrath(m): 5:19pm On May 18, 2016 |
There we have it,and i wasn't dissapointed! |
| Re: Flash: Nigerian Economy Slips Into Recession by Mynd44: 5:21pm On May 18, 2016 |
| Re: Flash: Nigerian Economy Slips Into Recession by eBillionaire: 5:21pm On May 18, 2016 |
Does Nigeria have an Economy ? |
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