President Muhammadu Buhari has assured Nigerians that the current economic hardships will soon end.

Daily Trust reports that the president made this assurance in a speech at the 42nd convocation ceremony for a total 6,827 graduates of Obafemi Awolowo University (OAU) in Ile-Ife, Osun state on Friday, December 9.Buhari is confident that the days of economic recession are coming close to an end

Buhari said the government was making serious efforts to stop the economic recession. The President was represented at the event by Professor Adamu Rasheed, the executive secretary of the National University Commission.

He said:

There is no gainsaying that we live in challenging times. Nigeria is not exempted from the political, security and economic upheavals going on, worldwide.
We have been making good progress, particularly on security issues, and we are relentless in our efforts to ensure that this economic recession is a very temporary experience in our national life.
I am firmly convinced that with the measures being put in place and the cooperation of all Nigerians, it will soon be a thing of the past.
This administration is committed to ensuring that as a nation, we are self-sufficient in food staples and thereof no longer dependent on food importation by 2019.
Foreign exchange saved in the process will be channeled into reviving our industries, enhancing the hydrology and ecology of the Lake Chad Basin, improving our power generation and distribution infrastructure and completing all the abandoned rural electrification projects nationwide, among other things.
Meanwhile, the federal government and Nigerians in general are turning to agriculture as an alternative as the economic recession currently ravaging the nation gets worse.

There are reports that the government already has extensive plans in place to use agriculture to stabilize the economy.

Source: http://nigerianewstoday.com.ng/economic-recession-has-almost-ended-pres-buhari-tells-nigerians/

With $1=485naira? You must be high on weed.

This our president Buhari is far from reality and does not even know what he is saying, when recession is dealing heavy blow on the masses and he is saying rubbish here. i feel like hitting your .........

It will end December 25th yeye

i Still cant believe dat i bought gala for #70

PMB cannot even manage his home yet he is claiming the recession is almost over.

According to him, "the government already has extensive plans in place to use agriculture to stabilize the economy".

Yet this same govt is spending our already lean resources exploring for oil in the North.

abdul4new:
This our president Buhari is far from reality and does not even know what he is saying, when recession is dealing heavy blow on the masses and he is saying rubbish here. i feel like hitting your .........

Abeg no be PMB dey behind the frustrations wey you dey face oh

How would Buhari know when he has N1.7Billion to spend for his kitchen.
If recession is truly over ....na we go talk am!!

The president is not aware. Let's send emissaries to him. People are dying.

I thought Recession is just a word?

Tell that to ur zombies, mumu president

Almost Ended this man is just a clown so when will dollar equal naira?

byrron:


Fixed

Long live, brotherly....


How can he fix recession with no reasonable policy on ground...

Na todayeee

byrron:


How can he formulate reasonable policy's when he is brain dead?

You are asking for a miracle!

You're absolutely correct.
The same God who delivered us, from the hands of Abacha, can still do it again...

The recession should better end.
I don't want this to continue in 2017

With Kemi Adeosun as the minister of Finance with her Emiefele counterpart in the Apex bank I don't see the end of recession this close


Until the exchange rate disparity is resolved and stabilized at a friendly rate Nigerians will keep feeling the heat.... .


Agriculture can only provide food and few raw materials for our industries what of the other major commodities that are imported?