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Nairaland Forum / Nairaland / General / Politics / Zainab Ahmed: Nigeria Will Exit Recession Soon (12245 Views)
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Zainab Ahmed: Nigeria Will Exit Recession Soon by valentineuwakwe(m): 5:33pm On Nov 23, 2020 |
The current recession, which the Nigerian economy recently slid into , will be short- lived, the Minister of Finance, Budget and National Planning , Mrs Zainab Ahmed, has said .source: https://punchng.com/nigeria-will-exit-recession-soon-says-finance-minister/ 5 Likes
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Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by HundHunter(m): 5:35pm On Nov 23, 2020 |
Just like we exit rising inflation abi? 48 Likes 4 Shares |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by Fahdiga(m): 5:37pm On Nov 23, 2020 |
This statement is already stale. how many times are we going hear this but inflation is still at all time high 62 Likes 6 Shares |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by visijo(m): 5:43pm On Nov 23, 2020 |
Men are born between a woman's legs and they spend their whole life trying to get back to it. WHY? Because there is no place better than HOME. But my question is when last did you visit home. 7 Likes |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by paulolee(m): 5:44pm On Nov 23, 2020 |
to exit recession isnt done by just talking or by forecasting dates asif its rocket science.. its funny reading her saying dt we would exit recession by d 4th quarter of this year or 1st quarter of next year going by the current rise of inflation in the economy.. I can confidently say dt naija may find it hard to exit recession if other outside countries dt naija depends on are still struggling with d covid induced recession...my opinion 11 Likes 1 Share |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by EasternActivist: 5:44pm On Nov 23, 2020 |
What amazes me is how nigerians are treating this woman with levity... Ironically, This woman would have been shown the exit door had it been she is either Igbo or Yoruba. 62 Likes 1 Share |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by Made4naijaoeo: 5:44pm On Nov 23, 2020 |
Imagine |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by visijo(m): 5:44pm On Nov 23, 2020 |
they don't care about us.. Ill Bliss |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by tillaman(m): 5:44pm On Nov 23, 2020 |
By the time Nigeria gets out of recession we will all be computers then! Fvcking swines For eternity you fvckers will reap what you sowed 3 Likes |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by Nobody: 5:44pm On Nov 23, 2020 |
2023 is still far 1 Like |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by wman(m): 5:45pm On Nov 23, 2020 |
Yenefer: Idiot. 53 Likes 4 Shares |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by BigDawsNet: 5:45pm On Nov 23, 2020 |
The economy is like a tree. All the growth goes to the top |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by Tunde835(m): 5:45pm On Nov 23, 2020 |
Yeah we will ��. Anyway to all those saying we need more women in political positions, u can see d females ar no more different than their male counterparts. We need better governance regardless of gender nd dat involves getting rid of d old political class 9 Likes |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by Nobody: 5:45pm On Nov 23, 2020 |
Not as long as we have a resource dependent and one basket economy, Madam Minister. You were voted for change not for the same old same old. 3 Likes |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by eleojo23: 5:45pm On Nov 23, 2020 |
So there is still recession abi? I thought they released some charts and drawings some hours ago telling us that we have bounds back from the recession? This government sef...the most incoherent ever! 3 Likes |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by JoeEeL(m): 5:45pm On Nov 23, 2020 |
. 5 Likes 1 Share
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Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by Coldie(m): 5:45pm On Nov 23, 2020 |
But another government official said Nigeria was not in recession 1 Like |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by ThierryJay: 5:45pm On Nov 23, 2020 |
Well, the economic indices at the moment actually lend support to what the finance minister said. The main driver is that somehow and despite all the much publicized negatives, there are still a lot of ongoing economic activities that are stimulating spending (especially in the fmcg and IT/telecomms/fintech sectors). The implementation of the finance act 2020 should further strengthen this course by stimulating more spending within the economy e.g lower duties on cars, lower minimum tax rate, exemption of small companies from income tax and VAT. Also, more Nigerian diasporans are remitting monies to their people here in lieu of coming home for the holidays. So I am optimistic that we should indeed exit the recession statistically by first quarter in 2021. The big question now is the Nigerian riddle ie what goes up may never come down. I fear that even if the parameters such as transportation costs, forex and supply chain logistics improve, the current high price levels might never return to their pre-covid status. Note: I am not pro-any political party. 3 Likes |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by Jh0wsef(m): 5:45pm On Nov 23, 2020 |
lol |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by fm7070: 5:46pm On Nov 23, 2020 |
Senseless government that went into recession twice. It is either they didn't learn from the past or they are the ones causing the recession. 8 Likes 1 Share |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by Mopolchi: 5:46pm On Nov 23, 2020 |
Buharinomics na recession full inside 4 Likes |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by hayesconcept(m): 5:46pm On Nov 23, 2020 |
Mumu talk 1 Like |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by sweerychick(f): 5:46pm On Nov 23, 2020 |
Amen 1 Like |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by SocialJustice: 5:46pm On Nov 23, 2020 |
At least we haven't heard anything about stupendous borrowing and it is crazy Atiku's advice was ignored. Budget luxuries must stop. |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by leisuretym: 5:46pm On Nov 23, 2020 |
Lol sharp minister , you mean the north alliance with Niger Republic will soon start paying off , we don't even know the real Nigerians anymore, if nah me nko? I go build rail line go my village too |
Re: Zainab Ahmed: Nigeria Will Exit Recession Soon by bigdammyj: 5:46pm On Nov 23, 2020 |
Noted |
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