Nigeria Will Go Into Recession If Covid-19 Continues Beyond Six Months – Finance Minister

Date: 28-03-2020 7:07 am (4 years ago) | Author: Mister Jay Wonder
- at 28-03-2020 07:07 AM (4 years ago)
(m)

Nigeria’s Minister of Finance, Zainab Ahmed has said the country will go into recession if the Coronavirus pandemic persists longer than six months.

She made this known when she appeared on Channels TV on Friday March 27.

“We are hopeful that this pandemic will be limited in time. If it is an average of three months, we should be able to close the year with positive growth. But if it goes longer than that – six months, one year – we will go into recession.” she said.

Currently Nigeria has recorded 70 cases of Covid-19 across the nation.

Posted: at 28-03-2020 07:07 AM (4 years ago) | Addicted Hero
- crusita at 28-03-2020 07:23 AM (4 years ago)
(f)
Nigeria was always in recession so what she is talking? Now more harder because nigeria leaders. always self center,they should return the car they just share and that can save the recession she is talking.
Posted: at 28-03-2020 07:23 AM (4 years ago) | Gistmaniac
Reply
- Slimchery at 28-03-2020 08:43 AM (4 years ago)
(m)
Foolish people Nigeria never first dey recession?
Posted: at 28-03-2020 08:43 AM (4 years ago) | Gistmaniac
Reply
- dozieson at 30-03-2020 12:58 PM (4 years ago)
(m)
Madam, I am sure you will agree with me that for the poor masses, Nigeria has has been in recession for the past 5years. Additional recession would be a death sentence to many of our people. Our political leaders need to cut their excess salary by half.
Posted: at 30-03-2020 12:58 PM (4 years ago) | Newbie
Reply
ReplyFollow
Login To Post Reply

Latest Updates

Watch Touching Video Of Lady Surprising Boyfriend Who’s An Okada Rider

Sports Minister, John Enoh Roots For Peseiro’s Return To Super Eagles

Just in: EFCC Withdraws Suit Against Yahaya Bello In Appeal Court Over Alleged Fr@ud

Brighton v Manchester City: English Premier League Match,Team News,Goal Scorers and Stats

Divide Nigeria Before June 15 - Yoruba Nation Agitators, Sunday Igboho, Akintoye Tells Tinubu

Federal Govt Suspends Dana Airline Indefinitely Over Safety Concerns

Viral Asoebi Lady, Olivia Emmanuel Releases Over 20 Numbers of Men Sliding in Her DM

Multichoice Increases Prices in GOtv And Dstv Subscriptions in NIgeria

Lady Who Left The UK With Her Family to Return Home to Nigeria Reveals Why She Did So

More Featured Topics

fire TRENDING GISTS fire

THIS WEEK

  1. Davido Reveals Fate of Peruzzi And Other Signed Artistes After Dissolving DMW Record Label

  2. Abia Police Parade Suspected Criminals, Including ABSU Student Involved In Fatal Shooting

  3. Pastor, David Odeniyi Seeks Divorce After Wife Strips Him Nak3d In Front Of His Congregation

  4. 'Brand Ambassador', Phyna Calls Out Pepsi For Supplying Her Expired Drinks

  5. How Past Abia Govt Paid N107.2 Bn To Contractors For Non-existent Abia Airport & Other Projects

  6. Lady Who Was Dragged For Wearing a Racy 'Asoebi' Outfit to a Wedding Reception Breaks Silence

  7. Ex-Nigerian Customs Sole Administrator, Omlago Ango Damages Estranged Wife's Abuja Home

  8. Abia State Police Arrest Suspects Linked To Mysterious Death of 23-Yr-Old Hope Chinedu Prosper

  9. UNIPORT Lecturer Caught on Camera Pants Down, S3xually Harassing a Female Student in His Office

  10. Nollywood Actress Toyin Abraham Extends Olive Branch To Funke Akindele,Calls For Industry Unity

TOP MEMBERS:
  • gogoman 1230
  • fineboy77 820
  • felicilin 609
  • kacylee 305
  • bohlah 299
Read More

Featured Topics

. Watch Touching Video Of Lady Surprising Boyfriend Who’s An Okada Rider

. Sports Minister, John Enoh Roots For Peseiro’s Return To Super Eagles

. Just in: EFCC Withdraws Suit Against Yahaya Bello In Appeal Court Over Alleged Fr@ud

. Brighton v Manchester City: English Premier League Match,Team News,Goal Scorers and Stats

. Divide Nigeria Before June 15 - Yoruba Nation Agitators, Sunday Igboho, Akintoye Tells Tinubu

. Federal Govt Suspends Dana Airline Indefinitely Over Safety Concerns

. Viral Asoebi Lady, Olivia Emmanuel Releases Over 20 Numbers of Men Sliding in Her DM

. Multichoice Increases Prices in GOtv And Dstv Subscriptions in NIgeria

. Lady Who Left The UK With Her Family to Return Home to Nigeria Reveals Why She Did So

. Netizens React As DeeOne Begs Phyna For Forgiveness Following His Battle With Strange Illness

. VID: Peter Obi Replies Critics Asking Him Why He Didn't Build a School in Anambra as a Governor

. Abeg Free Our Mommy of Lagos, We Need New TikTok Sounds - BBNaija's Vee Iye Speaks For Bobrisky

. Tunde Onakoya Gets a Royal Welcome As He Lands in Nigeria After Breaking Record in Chess Marathon

. Punish My Abusers Within 48 Hours Or...- Student Bullied By Classmates Threatens Lead School

. Police Parade 21 Criminal Suspects In Edo

. Bullying: "Teach Children Love, Kindness And Empathy" – Queen Atang Urges Parents

. VIDEO: "You Are Driving A Ferrari Without A Hit Song" - Portable Blasts Zinoleesky

. Under The Law, Once A Father Acknowledges A Child, No Third Party Can Contest It -Lawyer Slams Mohbad's Dad

. Actress, Peggy Ovire Reacts After Troll Said She Forced Husband Freddie Leonard To Marry Her

. Supporters Of Embattled Ex Gov. Yahaya Bello Perform Rituals To Prevent His Arrest From EFCC

. Comedian, I Go Save Slams Lagos Govt Over Arrest Of Pedestrians For Not Using Pedestrian Bridge

More Featured Topics