economic recession

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    6 Nigerian Billionaires That Can Rescue The Country From Recession

    It is no longer news that economic recession is biting hard into the Nigeria’s economy. The economic challenges are multifaceted and cannot be assessed independent of governance variables – systems, structures and democratic processes – which are still struggling to gain identity and function...
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    Business Recession: Lagos Chief Imam Proffers Solution To Buhari

    Sheikh Garuba Akinola-Ibrahim, Chief Imam of Lagos State, on Wednesday proffered solution to lingering economic crisis to President Muhammadu Buhari-led government. Sheikh Ibrahim urged the government to declare a state of emergency in the agricultural sector as a way out of the current...
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    Politics 7 Things Senators Said About Economic Recession Today

    The Nigerian Senate today held a debate on Nigeria's economic recession and the way out. The Senators proffered different solutions to help end the crisis. See top 7 things the Senators said: Deputy Senate President, Ike Ekweremadu wants President Muhammadu ''to look inwards into his...
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    Politics Dino Melaye Challenges Buhari - ''Bolekaja approach to the Bojuboju Economy Will Not Work''

    Senator Dino Melaye is not happy with the way President Muhammadu Buhari is running the economy. Speaking during the a Senate debate on the Nigerian economy, Melaye said, 'this Bolekaja approach to the Bojuboju Economy' will not work. He called on the government to attract FDI, block...
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    Business Recession: CAN Announces 3 Days Fasting, Prayers For Nigeria

    The leadership of the Christian Association of Nigeria has announced three days of fasting for Nigeria in the bid for the country to revive Nigeria from economic recession. The decision of the CAN leadership was contained in a statement on Tuesday. The fasting has been scheduled for September...
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    Business Recession: Our Only Explanation Is To Reduce Price of Rice, Garri - Saraki

    The Senate President, Dr. Bukola Saraki, has said the only business left with government is to seek ways to reduce prices of goods and save jobs as recession hits Africa's largest economy. He said during the recess he interacted with various groups in Kwara who pleaded that everything should be...
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    Business Saraki Charges President Buhari To Bring Nation Out of Recession

    Senate president, Bukola Saraki on Tuesday charged President Muhammadu Buhari-led federal government to do needful by bringing the nation of recession. Saraki said this at the floor of the House as the Nigerian Senate resumed plenary after almost 2 months in recess. “People are not so...
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    Business Niger Delta Militants Responsible for Current Economic Recession – VP Osinbajo

    Vice President Yemi Osinbajo has attributed the current economic recession in the country to the activities of various militant groups in the Niger Delta region. Osinbajo said this while speaking at the Presidential Quarterly Business Forum at the State House, Abuja yesterday September 19th...
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    Business Pat Utomi Reveals What Plunged Nigeria Into Economic Recession

    A former presidential candidate, Prof Pat Utomi, has said the current economic crisis would have been avoided by the Federal Government, if proper policy choices were made, noting that the crash in oil prices was not enough to have resulted in recession. He noted that if government had...
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    Metro Economic Recession: Ooni Names 2 Sectors President Buhari Should Focus On

    As the nation seeks a way out of its economic recession, the Ooni of Ife, Oba Adeyeye Enitan Ogunwuis, Ojaja II, has identified two sectors the federal, state and local governments should shift focus to revitalize the economy. He urged the three tiers of government to focus on agricultural...
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    Business Emir Sanusi Offers President Buhari 3 Best Solutions To Overcome Economic Recession

    The Emir of Kano, Lamido Sanusi, has offered two solutions to President Muhammadu Buhari to overcome the current economic recession. The first solution according to him is that President Muhammadu Buhari should seek advice from experts within and outside the government to proffer solutions...
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    Business Nigeria: FG Releases N350bn To Boost Economy

    The Federal Government in a bid to stimulate economic activities says it is releasing additional N350bn for capital projects captured in the 2016 budget. The Minister of Finance, Mrs. Kemi Adeosun, gave the figure on Friday while briefing journalists on interventions measures being taken by...
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    Politics APC Reacts To Ongoing Economic Recession in Nigeria

    All Progressives Congress, APC, has reacted to the ongoing recession in the country’s econmy. The party spoke through its Deputy National Publicity Secretary of the party Timi Frank, who said that Nigerians expects more from the President Muhammadu Buhari administration. A statement by...
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    Economic Recession: Nigerian States That May Not Be Badly Affected

    For quite a while, the term economic recession has been on the lips of every Nigerian. Theoretically, economic recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial...
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    Politics Recession: Saraki to Push for Removal of Incompetent Officials

    Senate President Bukola Saraki has promised tough times for incompetent political office holders across the country. Dr. Saraki, who declared yesterday in Ilorin, Kwara State, that such persons, if found wanting, after being quizzed by lawmakers, would be recommended for prompt replacement by...
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    Politics Femi Adesina to Nigerians: Endure, I Go Hungry Too

    Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, has disclosed that took a pay cut to join the current administration. Adesina appealed to Nigerians not to lose hope in the government, the former managing director of The Sun Newspaper said he is not immune...
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    Business Economic Recession: Nigerian States That Will Be Badly Affected

    Nigeria is in recession. No other way to say it. The National Bureau of Statistics (NBS) has confirmed that Nigeria is in its worst economic recession in 29 years. According to the NBS gross domestic product (GDP) report for the second quarter of 2016, Nigeria’s economy contracted by 2.06...
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    Business Why Nigerians Must Blame Jonathan For Increase in Food Prices - Presidency

    The presidency has attributed the current increase in food prices to the deceit of the last administration led by Goodluck Jonathan. Senior Special Assistant to President Buhari on Media and Publicity, Shehu Garba, made the allegation in a statement released titled: “WHAT IS PRESIDENT BUHARI...
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    Business Nigerians Opt For Noodles As Price of Rice Hits The Roof

    Nigerians are now opting for eating all kinds of noodles as replacement for rice as economic recession bits harder. According to New Telegraph investigation, the big ones - Hungryman has 24 parks in a carton while Belleful contains 16 packs. Superpack that sells for N2,400 a carton before is...
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    Business Economic Recession: Ezekwesili Tutors President Buhari, Emefiele, Adeosun, Others

    Former Minister of Education and ex- vice President of the World bank, Dr. Obiageli Ezekwesili has tutored President Muhammadu Buhari's economic team over ailing economy. The National Bureau of Statistics had on Wednesday, August 31, 2016 released the much-awaited Gross Domestic Product figures...
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