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Nairaland Forum / Nairaland / General / Politics / Nigeria Heading Into Worst Recession In 30 Years –IMF (41389 Views)
Nigeria Heading For Price Crash, Says BUA Chairman, Rabiu Abdulsamad / Nigeria Slides Into Worst Recession Since 1987 / Nigeria Faces Worst Recession In 40 Years – World Bank (2) (3) (4)
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Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Aidejay(m): 6:59pm On Apr 14, 2020 |
Jibsy203:every tom, dick and harry now has an opinion. However daft it is it. 1 Like |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Ferraribaby(f): 7:00pm On Apr 14, 2020 |
With we are going to overcome recession Abeg my people No amount is small Even if it's 100naira Acc 3068190115 Bank. Firstbank |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Wickedfacts: 7:00pm On Apr 14, 2020 |
rusher14: Pls, why do you say so? 1 Like |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by adexpa(m): 7:00pm On Apr 14, 2020 |
The IMF observation is base on the global fall in oil prices. We all know that Nigeria depend solely on oil as her main source of revenue generation. Until Nigeria diversify her economy, things like recession can not stop affecting us frequently. The aftermath of the pandemic will affect all the countries of the world but IMF is pointing to Nigeria because of her single source of income. 3 Likes 1 Share |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Angelfrost(m): 7:05pm On Apr 14, 2020 |
philip0906: Well, it is hinged on it... Why is Nigeria's case so peculiar in the midst of other renown African nations??!... We have never been far from recession under this administration... Using Covid-19 as a sole cause will merely smack of naivety. It will only worsen a state we were generally headed. |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by mamaafrik(m): 7:06pm On Apr 14, 2020 |
Chosen1984:hmmmm |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by yungchop: 7:07pm On Apr 14, 2020 |
MadeInTokyo:carry me along pleas |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by MondayOsunbor(m): 7:07pm On Apr 14, 2020 |
SarkinYarki: no body is happy with buhari except one person IBB THE CRAZY CROOK IS LAUGH HIS ASS OFF THANKS BUHARI TO MESS SO UP THAT HE NOW LOOK LIKE A PAST MAYBE FUTURE MESSIAH 1 Like |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by kenduma50: 7:09pm On Apr 14, 2020 |
Scientists predict US may continue social distancing until 2022 if a vaccine isn't developed soon https://akennynews.com.ng/scientists-predict-us-may-continue-social-distancing-until-2022-if-a-vaccine-isnt-developed-soon/ 1 Like |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by jaxxy(m): 7:09pm On Apr 14, 2020 |
maak400: While I do agree with ur submissions, u do realise these same tribal bigots are on Twitter and Facebook disgracing themselves and perhaps not the country cos those little bunch can't speak for a whole nation of 180million people. I would like seun to do smtn about it bt I'm not sure he can stop people from speaking their minds. He cud maybe put up ads or promotion or re education against bigotry of smtn or include them for temporary ban. Bt what bigots need most is change of mentality and matbe healing, they still contribute in other ways on the forum and in the nation. 1 Like 1 Share |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Angelfrost(m): 7:10pm On Apr 14, 2020 |
Ruthchy: It already has... Some of them change monikers to beg all over this forum, and other social media handles. I kinda admire their dedication to pretending in the midst of starvation... |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by SarkinYarki: 7:11pm On Apr 14, 2020 |
rusher14:Need to keep fit with my madam |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by chaloskyx: 7:12pm On Apr 14, 2020 |
we dont care even in good times where our economy as doing well it never reflected on the common man 1 Like |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Fragility6: 7:13pm On Apr 14, 2020 |
olabodejinad:Na same goodluck lay groundwork 4 diz one too. oh d blame diz time na covid.Jokers |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by rusher14: 7:18pm On Apr 14, 2020 |
Wickedfacts: If you can go back in time, you'll find their writing style and contributions sort of differ. |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Foodforthought: 7:20pm On Apr 14, 2020 |
Chosen1984:I understand...but these world powers will fail. This I know. 1 Like |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Empiree: 7:22pm On Apr 14, 2020 |
This is one of the best time in th history of Nigeria. A leading statesman in Nigeria and a Minister of Finance in the Second Republic, Alhaji Abubakar Alhaji hinted that the International Monetary Fund (IMF) requested and got a loan from Nigeria in 1974. https://www.pulse.ng/bi/finance/finance-is-it-true-that-imf-once-borrowed-money-from-nigeria/xzw03zb |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Radicalman(m): 7:26pm On Apr 14, 2020 |
How I wish that the FG will have a rethink and do the right thing for once |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by ScholarshipRead: 7:27pm On Apr 14, 2020 |
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Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Chekwume16(m): 7:30pm On Apr 14, 2020 |
Did we ever leave recession. Forget all this grammar. Buharinomics does not follow any known economic model. The man is just bamboozling like a blind man in an unknown forest. |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Nobody: 7:31pm On Apr 14, 2020 |
Omooba77: I believe reverse is the case, those who have been out of work especially in production will be eager to get back to work and start making money, but due to previous #stayAtHome experience people have not been making money, hence product will be available but money to buy will be scarce. Will good policies on ground toward poeple, the impacts will be minimal or absolve easily |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Farki: 7:31pm On Apr 14, 2020 |
Sometimes I wonder how this country is still functioning. 2 Likes |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Trutherme: 7:32pm On Apr 14, 2020 |
IMF people are wasting their time thinking they will scare Nigerian politicians. After spending $25,000 buying SUVs for themselves, next thing they will do is buy private jets for one another. May Corona Virus knock on the doors of Greedy Nigerian politicians and spare the Poor. 1 Like 1 Share |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by CodeTemplar: 7:32pm On Apr 14, 2020 |
That's no brainer now. This is time to stop joking with agriculture and other minerals. |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by PHijo(m): 7:35pm On Apr 14, 2020 |
philip0906: 1. Nigeria is NOT an advanced economy 2. Every oil economy that prepared since 2015 was not hit hard this time, Buhari failed to prepare. 3. Buhari's incompetence caused this lockdown, we could have avoided it after the Italian index case. 4. With the exception of African economies reliant on tourism, we've weathered the storm well. |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by abdullkabar(m): 7:36pm On Apr 14, 2020 |
Whether recession or not The IMF should leave us alone abeg, we sabi |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by CodeTemplar: 7:38pm On Apr 14, 2020 |
FreelanceRebel:You r looking @ it from internal money flow perspective. The bulk of money those people make originates from oil proceed coming in to the country and repatriated fund from abroad. Both major sources will take a serious hit. The best is to keep diversifying, agriculture to me, is our best bet. |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Sunmolar(m): 7:41pm On Apr 14, 2020 |
what's their business? perherps to borrow more funds from them. |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Nobody: 7:42pm On Apr 14, 2020 |
SarkinYarki: Buhari is an evil being. The sole purpose of his existence is to cause havoc in the lives of other people. 2 Likes |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Ayobami7(m): 7:43pm On Apr 14, 2020 |
hmmm |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by CodeTemplar: 7:44pm On Apr 14, 2020 |
Seun:Both. Just look at how they politicize the cash transfer by using a list compiled with election voting demographics in view. Incompetence is our govt middle name. |
Re: Nigeria Heading Into Worst Recession In 30 Years –IMF by Neoteny7: 7:46pm On Apr 14, 2020 |
So we'll be doing better than the advanced economies then |
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