What we are already experiencing lol

valentineuwakwe:


Source: https://punchng.com/breaking-nigeria-faces-worst-recession-in-40-years-world-bank/

World Bank, reax, Nigeria is not alone in this recession matter. It's global recessional affairs.

APC and PMB will still blame PDP and GEJ for this pandemic induced recession. It's food is ready

I'm not quite sure I can remember the last time this nation wasn't in recession or facing recession...

The middle class is almost extinct in Nigeria... We now have the few rich, and numerous poor!!!

Dear World Bank, leave matter... The average Nigerian is used to recession. Most don't even know anything else!!!

franconian:


Oga where you see WHO?

Poverty and Hunger no let guyman see road well... Pardon him!!!

insperyadyou:
What about the US and the UK, are they also not being affected at all

African evil/backward mind. If they are affected, what does that change for Nigeria. In fact, it makes our situation worse as they are our biggest trading partners.

This pull-my-neighbor-down attitude is why the Blackman is backward worldwide.

Shebi they will still give give us loan after knowing all this?

Recession is part and parcel of Nigeria even in the midst of surplus-manmade recession.

Buhari is darkness. he came to kill, destroy and bury Nigeria and has succeeded. we too have women that can be Finance Minister.

adamadwealthy:


World Bank, reax, Nigeria is not alone in this recession matter. It's global recessional affairs.

Sorry, it wouldn't be a global recession because no other countries out there experience negative grow.

aremuforlife:
The world will face recession and not only Nigeria, moreover, Nigeria may not even enter into recession

If the world is in recession, doesn't that make it worse for Nigeria? You are fine as long as everybody is suffering? That is why Africa will forever remain behind.

And you are still giving Nigeria big fat loans. Smh

Tobsam237:
All thse f**king world bodies trying to put 9ja in bad light. The recession is every f**king where... the US, UK, Germany are all officially in recession. Oh I wish our leaders could shut them up just has Trump shut WHO. How China shut NATO.

Let's be f**king indepent from all these f**king people.

You are clearly a vulgar illiterate, but I'll engage you anyway -- Trump shut down WHO? China shut down NATO? Neither the US,UK or Germany is in recession. Recession means 2 quarters of negative growth and they don't have that.

BTW, this report is not for Nigerians to consume; it's to notify creditor to be careful when borrowing.

Free from all these fucking people? Not only is the country borrowing from "these people", 75% of earning goes to "these people"

Educating yourself with facts will help Nigeria "truly" be free. Unfortunately Blacks worldwide don't do that.

aremuforlife:

You have a negative mindset, I believe you don't know more than the economics,

The truth is indeed bitter.

The Return of Buhari! As he came in the 80s, and plunged Nigeria into recession.

God help us!

Evidence of good governance

ODJ124:
we are the Giant of Africa will are gonna bounce back...

You meant bounce "backwards" right?

abeg make we hear word recession ke when naija na recession itself waka dey go.dont recall our past

No be today we Don dey hear that one

BeLookingIDIOT:
Time for Wailers to blame Buhari as usual

Who do you blame if not Buhari. Like say country dey progress ,nor be Buhari go claim the glory?

APC and bad luck are like 5&6.

Since PDP has been ruling for sixteen years, oil price has been looking good. Immediately APC enter, oil price start to nosedive, When the oil price was starting to stabilize, Russia and Saudi Arabia start their oil war, now COVID19 come join.

Upon all these their party (APC) is in very deep crisis. Now tell me how they will have time to focus on how to drive the economy and reduce the impact of the above issues on the citizens.

Not even sure if we will get out of this in the second quarter of 2021.


Now even the vegetable doesn't know what is going on in the country.

With all due respect, the world Bank can go and fry beans. I didn't bother reading the text because it really doesn't matter. The world Bank and its western backers are an integral part of Africa's economic problems. Let them deal with the housing and unemployment problem that has been exacerbated by COVID-19 in US, let them help Germany out of recession and UK companies reabsorb the thousands that have been furloughed, then they can come back to making stupid predictions about Nigeria and Africa that does nobody good.

Were we ever out of that shit??

Make world bank shutup abeg. We have been hearing this since last year till now life still goes on

The way this world bank focuses on Nigeria matter, u will think it's a huge case.

insperyadyou:
What about the US and the UK, are they also not being affected at all

I beg ask World Bank if there is any country in the world whose economy is growing during the pandemic.

lagdmark:

I beg ask World Bank if there is any country in the world whose economy is growing during the pandemic.

The WHO report is not for illiterate Nairalanders. It's for creditors to note and borrow carefully. Nigeria is a debtor country -- not important in the larger scheme, so rest your liver.

Alex9999:


The WHO report is not for illiterate Nairalanders. It's for creditors to note and borrow carefully. Nigeria is a debtor country -- not important in the larger scheme, so rest your liver.

Rubbish, if you really reason the way you comment then you need brain check.

Nigeria has been in perpetual recession since the 70s.

BeLookingIDIOT:
Time for Wailers to blame Buhari as usual

so who should we blame, PDP?
at least that what's you APC fanatics have been doing since inception, blaming pdp