Tag: recession
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2017 Budget well prepared to end recession – Buhari tells Nigerians
President Muhammadu Buhari has expressed the hope that the 2017 budget which he will present before the National Assembly on Wednesday, will get the nation out of its economic woods. The President made this known in his 2016 Eid-El-Maulud message to the nation. The message was made available to newsmen in Abuja on Sunday. According…
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FG pledges support for local industries to cushion effects of recession
The Minister of State, Industry, Trade and Investment, Hajia Aisha Abubakar, has assured local industries in the country of Federal Government’s support to enable them thrive in the prevailing economic recession. The minister, who stated this during a visit to some leather industries at Chalawa Industrial area on Saturday, said this would enable them remain…
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Buhari on track to lead us out of recession, Osinbajo assures Nigerians
Vice President, Professor Yemi Osinbajo, has assured Nigerians that President Muhammadu Buhari is on the right track to lead the nation out of the present economic crisis. Speaking during a Town Hall meeting in Kano on Monday, the Vice President said Nigerians need a man in the pedigree of President Muhammadu Buhari. The Vice President…
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Nigeria, Morocco Bilateral Agreements will shorten Nigeria’s recession – Elumelu
The Chairman of Heirs Holdings, Mr Tony Elumelu, has said the Bilateral Agreements signed between Nigeria and Morocco will help shorten Nigeria’s economic recession. Elumelu made his stance known after participating in the signing ceremony of two of the bilateral agreements, at the State House, Abuja, on Saturday. The Bilateral Agreements (twenty one in number)…
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Government must deepen investment in infrastructure, agriculture to curb recession
An Economic expert, Mr Leonard Ugbajah, says the quickest way out of recession was for government at all levels to deepen investment in infrastructure and agricultural development in the country. Ugbajah, the Technical Adviser to the Private Sector Coalition on Competition Bill enactment in Nigeria stated this to news men in Abuja on Thursday. “The…