The CBN governor noted that the slowdown
emanated from the oil sector which has strong links to employment and growth. Emefiele complained about the late implementation of the 2018 budget, weakening demand and consumer spending, rising contractor debts, and low minimum wage as part of the signs. The others include the impact of flooding on agricultural output, continued security challenges in the north east and north central zones, and growing level of sovereign debts. “The MPC observed that despite the underperformance of key monetary aggregates, headline inflation inched up to 11.23 percent in August 2018, from 11.14 percent in July 2018.


Read more: https://www.naija.ng/1194547-get-prepared-economic-recession-looms-nigeria-cbn-issues-warning.html#1194547

Buhari is an idiat!

Can't we just hear a good news in this regime? Just one?

MightySparrow:
Can't we just hear a good news in this regime? Just one?

you can't with your hatred

The anokis are currently looting mercilessly

Buhari has doomed this country

SAVE uS FROM This CALAMITY OH LORD

Am I surprised, hell no! Nigerians you voted the fool in power... And most of you have refused to remove the hand of the monkey from the soup pot. Well, enjoy your recession... I sha know say e no go affect me and my family!

Buhari na cow

Ekitilawa:
you can't with your hatred

??

Buhari will destroy this country while BMCs applaud.

why are some Nigerian youths this crude and shameless to display it before the entire world? for crying out loud, the likely causes of the impending depression are well listed out. is it Buhari that delayed the passage and implementation of 2018 budget, when are we going to let go of sentiment and hold those responsible for our problem accountable irrespective of where they come from?