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

2 months ago by: Mister Jay Wonder
(m) at 28-03-2020 07:07AM (2 months ago)

(24664 | Addicted Hero)

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.

crusita (f) at 28-03-2020 07:23AM
(821 | Upcoming)

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.
Slimchery (m) at 28-03-2020 08:43AM
(3591 | Gistmaniac)

Foolish people Nigeria never first dey recession?
dozieson (m) at 30-03-2020 12:58PM
(69 | Newbie) Online

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.