Recession – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Wed, 14 Nov 2018 22:53:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Recession – InfoStride News https://www.theinfostride.com 32 32 GEJ’s Administration Threw Nigeria Into Hardship And Recession – Yemi Osinbajo https://www.theinfostride.com/gejs-administration-threw-nigeria-into-hardship-and-recession-yemi-osinbajo/ Wed, 14 Nov 2018 22:53:01 +0000 https://www.theinfostride.com/?p=220956 Yemi Osinbajo has accused former President Goodluck Jonathan’s administration of throwing Nigeria into hardship and recession. According to Daily Post, the Vice-President said this while speaking at a lecture in Lagos state on Monday, November 12, 2018. Osinbajo also alleged that the corruption that took place during the previous administration is the reason the country [...]

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]]> GEJ Could Not Rule Nigeria During Recession – Fashola https://www.theinfostride.com/gej-could-not-rule-nigeria-during-recession-fashola/ Sun, 28 Oct 2018 00:31:05 +0000 https://www.theinfostride.com/?p=219600 Goodluck Ebele Jonathan was applauded by the world for accepting loss at the 2015 presidential elections, but it may have been to avoid ruling Nigeria during an economic recession. Babatunde Fashola thinks so in a report published recently. Fashola reportedly mentioned this at a meeting “organised by the Minister for Information, Lai Mohammed”. The Premium [...]

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]]> Kemi Adeosun Got Us Out Of Recession – Itse Sagay https://www.theinfostride.com/kemi-adeosun-got-us-out-of-recession-itse-sagay/ Tue, 14 Aug 2018 13:33:51 +0000 https://www.theinfostride.com/?p=213423 Itse Sagay has said Kemi Adeosun’s alleged certificate forgery is irrelevant. Sagay believes Adeosun is too brilliant to let go due to the allegation. “Let me tell you my reaction. This woman is a brilliant and extremely valuable member of this government,” Sagay told TheNation. He continued: “A lot of the good things happening now [...]

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]]> Nigeria Will Never Experience Recession Again – John Odigie-Oyegun https://www.theinfostride.com/nigeria-will-never-experience-recession-again-john-odigie-oyegun/ Tue, 02 Jan 2018 19:19:19 +0000 http://www.theinfostride.com/?p=194928 Chief John Odigie-Oyegun, has begged Nigerians to give the party’s ‘change’ agenda time as it took over a ‘totally collapsed country’ in 2015. He said, “Change is not bridges. Change is not electricity. Change is not roads. Change is my perception as to what is right and what is wrong, what needs to be done [...]

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]]> Recession Affected My Last Movie – AY Makun https://www.theinfostride.com/recession-affected-my-last-movie-ay-makun/ Mon, 23 Oct 2017 15:09:53 +0000 http://www.theinfostride.com/?p=186323 AY Makun has joined an exclusive list of Nigerian celebrities who have been featured on CNN after he was a guest on “CNN Marketplace Africa.” The funny man spoke on some of the issues facing independent producers in Nollywood. He said: “People are now beginning to know that you can make money from our movies. [...]

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]]> FMDQ Has A Key Role To Play For Our Long-Term Projects – Yemi Osinbajo https://www.theinfostride.com/fmdq-has-a-key-role-to-play-for-our-long-term-projects-yemi-osinbajo/ Sat, 30 Sep 2017 02:04:38 +0000 http://www.theinfostride.com/?p=183463 Yemi Osinbajo has called for the commitment of private sector in economic development as the country stopped being in recession. He mentioned that the Federal Government needed the utmost commitment of all in its diversification strategy to achieve the desired economic growth. He said with the growing population, the private sector participation is needed to [...]

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]]> Ordinary Nigerians Must Feel The Impact Of The End Of Recession – Buhari https://www.theinfostride.com/ordinary-nigerians-must-feel-the-impact-of-the-end-of-recession-buhari/ Thu, 07 Sep 2017 18:08:31 +0000 http://www.theinfostride.com/?p=181315 President Muhammadu Buhari, on Tuesday, in Daura, Katsina State, said the true impact of coming out of recession will be known when ordinary Nigerians experience a change in their day-to-day lifestyle. Garba Shehu, Buhari said this while receiving the President of Niger, Alhaji Mahamadou Issoufou, at his country home in Daura. The President told newsmen [...]

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]]> Nigerians Should Stop Blaming PMB For Recession – Michael Kwanashie https://www.theinfostride.com/nigerians-should-stop-blaming-pmb-for-recession-michael-kwanashie/ Wed, 26 Jul 2017 01:55:09 +0000 http://www.theinfostride.com/?p=173788 Prof. Michael Kwanashie, Vice-Chancellor, Veritas University, Abuja on Tuesday urged Nigerians to stop blaming President Muhammadu Buhari for the current economic recession in the country. He made the remark while speaking as lead paper presenter at a One-Day seminar on “The Viability of Federal Government Economic Recovery and Growth Plan (ERGP) 2017-2020 held at the [...]

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]]> Is Recession Coming To An End? https://www.theinfostride.com/is-recession-coming-to-an-end/ Thu, 29 Jun 2017 06:53:25 +0000 http://www.theinfostride.com/?p=170046 In the second quarter of 2016, Nigeria plunged into an economic recession. Two quarters of consecutive negative growth was all it took. Years of wasteful spending and corruption had finally caught up with the continent’s biggest market. It may be early days yet, but here are 7 signs you can hold onto if you are [...]

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]]> Investing In Cottage Industries Will End Recession – Kazeem Eletu-Odibo https://www.theinfostride.com/investing-in-cottage-industries-will-end-recession-kazeem-eletu-odibo/ Wed, 14 Jun 2017 11:09:55 +0000 http://www.theinfostride.com/?p=168211 A Lagos based business tycoon, Kazeem Eletu-Odibo, has advised the three tiers of government to invest in cottage industries in order to cushion the effects of the current economic recession on Nigerian youths. He gave the advice on Wednesday in Lagos in an interview with the News Agency of Nigeria (NAN). He said that establishment [...]

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]]> Support For Buhari Will End Recession – Kayode Okunoren https://www.theinfostride.com/support-for-buhari-will-end-recession-kayode-okunoren/ Thu, 01 Jun 2017 22:04:54 +0000 http://www.theinfostride.com/?p=166883 Mr Kayode Okunoren, President of Nigerian Council of Registered Insurance Brokers (NCRIB), has urged Nigerians to support President Muhammadu Buhari’s administration to revitalise the economy. Okunoren made the appeal in an interview with the News Agency of Nigeria (NAN) in Lagos on Thursday. According to him, Nigeria is getting out of hardship but needs patience [...]

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]]> Nigeria Will Be Out Of Recession By September – Godwin Emefiele https://www.theinfostride.com/nigeria-will-be-out-of-recession-by-september-godwin-emefiele/ Thu, 25 May 2017 00:02:33 +0000 http://www.theinfostride.com/?p=166191 <img src="https://www.theinfostride.com/wp-content/uploads/2015/09/Governor-of-Central-Bank-of-Nigeria-CBN-Mr-Godwin-Emefiele-300×218.jpg" alt="" width="300" height="218" class="alignleft size-medium wp-image-100640" /Katsina State Governor, Godwin Emefiele says the country will be out of recession by the third quarter of 2017. Emefiele made the statement on Tuesday, May 23, while speaking in Abuja, The Cable reports. “My view is that with all the positive signs we see: inflation tending [...]

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]]> Nigeria Is Gradually Coming Out Of Recession – Lai Mohammed https://www.theinfostride.com/nigeria-is-gradually-coming-out-of-recession-lai-mohammed/ Sun, 30 Apr 2017 06:15:38 +0000 http://www.theinfostride.com/?p=163481 Minister of Information and Culture, Alhaji Lai Mohammed, said on Saturday that Nigeria was gradually moving out of recession. Mohammed, represented by the Managing Director of the News Agency of Nigeria (NAN), Mr Bayo Onanuga, made the assertion at the biennial convention of the Nigerian Guild of Editors in Lagos. He said that going by [...]

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]]> Media Partnership Can End Recession – Ambode https://www.theinfostride.com/media-partnership-can-end-recession-ambode/ Sun, 30 Apr 2017 06:08:31 +0000 http://www.theinfostride.com/?p=163474 Lagos State Governor, Mr Akinwunmi Ambode, on Saturday called on the media to partner with government and put the nation above every other interest. Ambode made the call while declaring open the 2017 Biennial Convention of the Nigerian Guild of Editors (NGE) in Lagos. He commended the NGE for its contributions to the growth of [...]

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]]> Nigeria Will Be Out Of Recession By June 2017 – Godwin Emefiele https://www.theinfostride.com/nigeria-will-be-out-of-recession-by-june-2017-godwin-emefiele/ Wed, 26 Apr 2017 09:47:25 +0000 http://www.theinfostride.com/?p=163109 The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has assured Nigerians that the country would get out of economic recession latest by the end of June this year. This, according to him, is based on emerging positive economic indicators to that effect. Emefiele gave the assurance at the National Assembly Complex on [...]

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]]> Recession Has Reduced Nigeria’s GDP To $354b – Charles Soludo https://www.theinfostride.com/recession-has-reduced-nigerias-gdp-to-354b-charles-soludo/ Sat, 11 Mar 2017 17:37:09 +0000 http://www.theinfostride.com/?p=158753 A former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo said the size of nation’s Gross Domestic Product has shrunk from about 575 billion dollars to about 354 billion dollars. Soludo said this at an economic talk shop, organised by the Vanguard newspapers. The talk shop which had other panelists such as [...]

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]]> LG Chairmen Should Be Prudent In The Recession – Aminu Tambuwal https://www.theinfostride.com/lg-chairmen-should-be-prudent-in-the-recession-aminu-tambuwal/ Tue, 07 Mar 2017 08:42:45 +0000 http://www.theinfostride.com/?p=158350 Gov. Aminu Tambuwal of Sokoto State has urged local government councils to be prudent in their expenditure, considering the precarious financial situation in the country. The governor, according to a statement issued by his spokesman, Malam Imam, gave the advice on Monday during a meeting with the 23 local government chairmen in Sokoto. Tambuwal said [...]

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]]> We Will End Recession – Bukola Saraki https://www.theinfostride.com/we-will-end-recession-bukola-saraki/ Thu, 09 Feb 2017 20:17:35 +0000 http://www.theinfostride.com/?p=156142 President of the Senate Dr Bukola Saraki, on Thursday said the National Assembly was committed to finding solutions to the recession ravaging the country. He made this known when he received the European Union (EU) delegation which visited him in Abuja. According to a statement by Chuks Okocha, his Special Assistant on Print Media, Saraki [...]

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]]> Recession In Nigeria Is A Fake Invention – Yinka Davies https://www.theinfostride.com/recession-in-nigeria-is-a-fake-invention-yinka-davies/ Thu, 09 Feb 2017 03:20:05 +0000 http://www.theinfostride.com/?p=155991 Reality television judge, Yinka Davies has revealed that she considers the recession term often used by Nigerians as an unreal reference to the current economic hardship. According to the vocalist who spoke in an interview with Vanguard News, the difficulties being experienced by her countrymen have been in existence for a long time. Many have [...]

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]]> Recession Will Soon Be Over – Yemi Osinbajo https://www.theinfostride.com/recession-will-soon-be-over-yemi-osinbajo/ Tue, 07 Feb 2017 16:17:31 +0000 http://www.theinfostride.com/?p=155910 Nigeria’s acting President, Yemi Osinbajo has assured citizens that the current economic crisis would soon be a thing of the past. Osinbajo also praised the police for their professional handling of the protests held across the country on Monday, February 6. The acting president made the comments via a statement released on Tuesday, February 7. [...]

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]]> Nigerians Should Be Patient In This Recession – Buhari https://www.theinfostride.com/nigerians-should-be-patient-in-this-recession-buhari/ Mon, 30 Jan 2017 00:16:45 +0000 http://www.theinfostride.com/?p=155338 President Buhari has pleaded with Nigerians to be patient, in the midst of the economic hardship. According to Daily Post, Buhari made the plea at the 46th convocation ceremony of the University of Nigeria (UNN), Nsukka. The President also praised the founding fathers of UNN for building a solid foundation for Nigerians. Buhari, who was [...]

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]]> We Must Be More Generous To God To End Recession – Onaiyekan https://www.theinfostride.com/we-must-be-more-generous-to-god-to-end-recession-onaiyekan/ Sun, 29 Jan 2017 01:23:23 +0000 http://www.theinfostride.com/?p=155214 His Eminence, John Cardinal Onaiyekan, Catholic Archbishop of Abuja, has called on Christians to be more generous to God, saying this could help the nation out of its current economic recession . Onaiyekan said this in an interview with newsmen during the Foundation Laying of the Cathedral of the Twelve Apostles Cathedral, held at Papal [...]

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]]> Nigerians Should Exploit Opportunities Offered By Recession – Kachikwu https://www.theinfostride.com/nigerians-should-exploit-opportunities-offered-by-recession-kachikwu/ Fri, 30 Dec 2016 11:03:00 +0000 http://www.theinfostride.com/?p=152772 The Minister of State for Petroleum, Dr Ibe Kachikwu, has urged Nigerians to exploit the opportunities offered by the current economic situation to make the country great in 2017. Kachikwu gave the charge during the “Night of Soulful Music”, organised by him as part of Christmas celebration at his residence in Onicha-Igbo, Aniocha North Local [...]

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]]> Davido Gifts Himself 2017 Range Rover https://www.theinfostride.com/davido-gifts-himself-2017-range-rover/ Thu, 29 Dec 2016 02:00:00 +0000 http://www.theinfostride.com/?p=152620 Obviously, the economic recession has got nothing on Davido! The crooner took to Snapchat flaunting wads of cash and a new 2017 Range Rover. He wrote alongside the white gleaming car, “Zero recession”. Zero recession it is actually! Meanwhile, the singer took to Snapchat on Christmas day sharing various videos of himself and one-year-old Imade [...]

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]]> Recession Won’t End Soon – Peter Obi https://www.theinfostride.com/recession-wont-end-soon-peter-obi/ Wed, 21 Dec 2016 17:16:01 +0000 http://www.theinfostride.com/?p=151988 Former Anambra State Governor, Peter Obi has said that the current recession will last longer than expected. Obi made the comment, on Tuesday, December 20, during a ceremony at the Nnamdi Azikiwe University in Awka. “I laugh when I hear people say the recession will soon end. This is not true. A critical analysis of [...]

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]]> Buhari Is Not Responsible For Recession – El-Rufai https://www.theinfostride.com/buhari-is-not-responsible-for-recession-el-rufai/ Fri, 16 Dec 2016 13:14:58 +0000 http://www.theinfostride.com/?p=151486 Kaduna State Governor, Nasir el-Rufai has said that President Muhammadu Buhari didn’t cause Nigeria’s economic problems. El-Rufai said further that the current crisis was caused by mismanagement of now scarce resources by previous governments. The governor made the comments on Thursday, December 15, after a meeting of the National Economic Council (NEC) in Abuja. “When [...]

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]]> 2017 Budget Will End Recession – Buhari https://www.theinfostride.com/2017-budget-will-end-recession-buhari/ Mon, 12 Dec 2016 14:50:41 +0000 http://www.theinfostride.com/?p=150995 President Muhammadu Buhari has assured Nigerians that the 2017 budget will get the country out of the current economic crisis. Buhari gave the assurance on Sunday, December 11, 2016, in his Eid-el Maulud message to Nigerians. “Again the calendar of life has brought us into another period of celebration, and deep reflection. Celebration, because we [...]

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]]> Osinbajo’s Aide Blames Oil Pipeline Vandals For Recession https://www.theinfostride.com/osinbajos-aide-blames-oil-pipeline-vandals-for-recession/ Mon, 05 Dec 2016 11:33:43 +0000 http://www.theinfostride.com/?p=150241 The Presidency on Sunday in Abuja said that the Fed eral Government’s Economic team is strong and competent to discharge its duties. Mr Laolu Akande, the Senior Special Assistant to the Vice President on Media and Publicity, said this when he appeared on the News Agency of Nigeria (NAN) Forum in Abuja. He was reacting [...]

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]]> Recession Has Got Nothing On My New Movie – AY Makun https://www.theinfostride.com/recession-has-got-nothing-on-my-new-movie-ay-makun/ Fri, 18 Nov 2016 14:49:23 +0000 http://www.theinfostride.com/?p=148603 Nigerian comedian and actor AY Makun is confident the financial situation of the Nigerian economy will have little or no effect on his 2016 movie “A Trip To Jamaica“. The award-winning filmmaker told Planet TV in an interview published on November 14, 2016 on Instagram: “Recession has got nothing on the movie, trust me.” “As [...]

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]]> I Can Lose My Virginity To Davido – Adokiye https://www.theinfostride.com/i-can-lose-my-virginity-to-davido-adokiye/ Wed, 16 Nov 2016 13:59:01 +0000 http://www.theinfostride.com/?p=148363 Adokiye Kyrian might be rethinking her decision to remain a virgin. The singer, real name Adokiye Ngozi Kyrian Yvonne, often talks about how she was able to keep her virginity till adulthood and is determined on remaining a virgin until marriage. Now it seems like she just might reconsider that if Davido offers his services. [...]

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]]> We Need a United Front to Fight Recession in Nigeria – Senate https://www.theinfostride.com/we-need-a-united-front-to-fight-recession-in-nigeria-senate/ Mon, 10 Oct 2016 09:38:38 +0000 http://www.theinfostride.com/?p=145209 The Senate today, 7th October, 2016 said the forgery case against its presiding officers, Senate President Abubakar Bukola Saraki and his deputy, Senator Ike Ekweremadu has been a distraction to the law making body and that the withdrawal is a confirmation of its position that the nation cannot afford any sharp division between the various [...]

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]]> Bukola Saraki Gives FG Steps To End Recession https://www.theinfostride.com/bukola-saraki-gives-fg-steps-to-end-recession/ Wed, 21 Sep 2016 14:55:47 +0000 http://www.theinfostride.com/?p=144647 Senate President, Bukola Saraki has advised the Federal Government on necessary steps to be taken to end the current recession. Saraki gave the advice on Tuesday, September 20, when the Senate resumed its activities after a long recess. The steps are: 1. The executive must immediately put in place leadership-level engagement platform with the private [...]

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]]> Nigerians Don’t Care About Who Caused Recession – Saraki https://www.theinfostride.com/nigerians-dont-care-about-who-caused-recession-saraki/ Wed, 21 Sep 2016 01:14:42 +0000 http://www.theinfostride.com/?p=144582 The Senate President, Bukol Saraki, in his welcome speech at the resumption of plenary, called on the Federal Government to focus on ending the hunger in the land. According to Premium Times, Saraki also said Nigerians are hungry and they do not want to know who caused the recession. The Senate President said the debate [...]

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]]> The Worst Of The Recession Is Over – Godwin Emefiele https://www.theinfostride.com/the-worst-of-the-recession-is-over-godwin-emefiele/ Mon, 19 Sep 2016 12:44:28 +0000 http://www.theinfostride.com/?p=144393 Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has said that the worst of the current economic recession is over. Emefiele also assured Nigerians that the recession would be completely over by December 2016. The CBN governor made the comments on Sunday, September 18, during a meeting with members of the Nigeria Newspaper Proprietors Association [...]

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]]> Recession Will End Soon – Kemi Adeosun https://www.theinfostride.com/recession-will-end-soon-kemi-adeosun/ Sat, 17 Sep 2016 01:38:31 +0000 http://www.theinfostride.com/?p=144319 The Minister of finance, Kemi Adeosun has assured Nigerians that the recession will end soon. She said the Federal Government has put measures in place to bring the economy back on its feet. According to her, the government has released over N420b, which was invested in the power, works and housing sector of the economy. [...]

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]]> We Didn’t Anticipate Impact Of Recession – Kemi Adeosun https://www.theinfostride.com/we-didnt-anticipate-impact-of-recession-kemi-adeosun/ Fri, 16 Sep 2016 16:48:13 +0000 http://www.theinfostride.com/?p=144207 The Minister of Finance, Kemi Adeosun, has sympathised with Nigerians on the state of the economy. Adeosun made this known at the Ministerial Retreat on the Economy and the Budget at the State House Banquet Hall in Abuja. The minister also promised that things would soon change for the better as the FG has a [...]

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]]> Duncan Mighty Flaunts Cash During Recession https://www.theinfostride.com/duncan-mighty-flaunts-cash-during-recession/ Thu, 15 Sep 2016 13:31:35 +0000 http://www.theinfostride.com/?p=144032 It seems that the economic recession isn’t affecting everyone. Yesterday, September 14, 2016, pop singer Duncan Mighty, shared a photo of him holding a wad of crisp Pound Sterling notes on his Instagram page. According to the singer, he was blessed with the foreign currency from his “boss” who wanted him to launch his upcoming [...]

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]]> FG Should Seek Experts’ Advice On Current Recession – Sanusi https://www.theinfostride.com/fg-should-seek-experts-advice-on-current-recession-sanusi/ Thu, 15 Sep 2016 02:55:32 +0000 http://www.theinfostride.com/?p=143948 The Emir of Kano, Mallam Muhammad Sanusi II, has called on Federal Government ‎to seek the advice of economic experts in tackling current economic crisis in the country.‎ Sanusi gave the advice on Wednesday during the traditional Sallah Durbar (Hawan Nasarawa) at the Government House, Kano.‎ He said ‎that consulting the experts would help in [...]

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]]> Yemi Osinbajo Blames Pipelines Vandalism For Economic Recession https://www.theinfostride.com/yemi-osinbajo-blames-pipelines-vandalism-for-economic-recession/ Tue, 13 Sep 2016 15:19:15 +0000 http://www.theinfostride.com/?p=143716 Vice President Yemi Osinbajo has attributed the current economic recession in the country to the loss of revenue as a result of pipeline vandals activities. Answering questions from journalists in Abeokuta on Sunday, September 11, 2016, Osinbajo said almost 60 per cent revenue has been lost due to the activities of pipelines vandals in the [...]

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]]> Recession Will End Soon – Yemi Osinbajo https://www.theinfostride.com/recession-will-end-soon-yemi-osinbajo/ Sun, 11 Sep 2016 15:58:03 +0000 http://www.theinfostride.com/?p=143535 Professor Yemi Osinbajo assured Nigerians that the current economic recession facing the country would soon be a thing of the past. The vice president made this statement while reacting to a prediction by Olisa Agbakoba (SAN) that the current recession may last until 2020. Osinbajo who spoke at the 8th convocation of the Redeemer’s University [...]

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]]> We Are Also Feeling The Pain Of Recession – Bukola Saraki https://www.theinfostride.com/we-are-also-feeling-the-pain-of-recession-bukola-saraki/ Sun, 11 Sep 2016 15:54:28 +0000 http://www.theinfostride.com/?p=143528 Bukola Saraki, the Senate president says all Nigerians are being affected by the country’s recession. Saraki stated this on Friday, September 9, 2016, while speaking to journalists after the Jum’ah Prayers at the Aso Villa mosque. “There is no Nigerian with blood flowing through that will not know that things are difficult now and we [...]

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]]> Solution To Economic Recession Is Prayer – Aliyu Wamakko https://www.theinfostride.com/solution-to-economic-recession-is-prayer-aliyu-wamakko/ Sun, 11 Sep 2016 15:27:50 +0000 http://www.theinfostride.com/?p=143514 Sen. Aliyu Wamakko of APC Sokoto Central, has called on Nigerians to seek divine intervention for solution to the economic recession facing the country. He made the call in an interview with the News Agency of Nigeria (NAN) in Sokoto on Saturday. He specifically urged Muslims to take advantage of Eid el-Kabir period to pray [...]

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]]> Nigeria Is In Economic And Political Recession Under APC – Fayose https://www.theinfostride.com/nigeria-is-in-economic-and-political-recession-under-apc-fayose/ Wed, 07 Sep 2016 19:04:20 +0000 http://www.theinfostride.com/?p=143089 Governor Ayodele Fayose of Ekiti state has reacted to the call for the postponement of the Edo state governorship election scheduled for Saturday. The Department of State Security (DSS) and Nigeria Police had earlier called on the Independent National Electoral Commission (INEC) to postpone the election for security reasons. But Governor Fayose who spoke through [...]

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]]> Nigeria Might Be In Recession Till 2020 – Agbakoba https://www.theinfostride.com/nigeria-might-be-in-recession-till-2020-agbakoba/ Wed, 07 Sep 2016 18:30:42 +0000 http://www.theinfostride.com/?p=143071 Prominent lawyer, Dr Olisa Agbakoba has said that Nigeria might be in recession till 2020 if the Federal Government doesn’t take urgent steps to resolve the situation. Agbakoba also urged the FG to take hold of the banking sector and exert more regulatory control. The lawyer made the comments while speaking to journalists in Lagos [...]

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]]> Economic Recession Will End Soon – Buhari https://www.theinfostride.com/economic-recession-will-end-soon-buhari/ Tue, 06 Sep 2016 18:56:44 +0000 http://www.theinfostride.com/?p=142937 President Buhari, speaking at the All Progressives Congress (APC) rally in Edo state, said the current economic crisis in the country will end soon. This is in reaction to calls by Nigerians for the President and his economic team to put policies in place that will improve the lives of Nigerians. The President said his [...]

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]]> Finance Minister Should Be Sacked Over Recession – Dino Melaye https://www.theinfostride.com/finance-minister-should-be-sacked-over-recession-dino-melaye/ Sun, 04 Sep 2016 23:42:03 +0000 http://www.theinfostride.com/?p=142687 Senator representing Kogi West, Dino Melaye has asked President Muhammadu Buhari to sack the Minister of Finance, Mrs Kemi Adeosun; Minister of finance, Udo Udoma, Minister of budget and national planning; and Godwin Emefiele, Governor of Central Bank of Nigeria (CBN). Melaye, who lamented the deplorable living condition of Nigerians, said these top officers must [...]

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]]> GEJ Did Nothing To Stop Recession – Abubakar Badaru https://www.theinfostride.com/gej-did-nothing-to-stop-recession-abubakar-badaru/ Fri, 02 Sep 2016 20:59:00 +0000 http://www.theinfostride.com/?p=142468 Jigawa State Governor, Abubakar Badaru has said that former President Goodluck Jonathan saw signs of an impending recession but did nothing to stop it. Badaru made the comment while speaking to journalists in Abuja, according to Daily Post. “On this recession, you have to look at the history. We had signals towards end of 2013 [...]

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]]> PDP Is Responsible For Nigeria’s Recession – APC https://www.theinfostride.com/pdp-is-responsible-for-nigerias-recession-apc/ Thu, 01 Sep 2016 21:31:51 +0000 http://www.theinfostride.com/?p=142330 Nigeria’s ruling party, the All Progressives Congress has reacted to the call by the Peoples Democratic Party (PDP) seeking the resignation of President Muhammadu Buhari over the country’s dwindling economic situation. The National Bureau of Statistics (NBS) in a recent report stated that over 4.8 million Nigerians had lost their jobs since the beginning of [...]

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]]> We Created The Recession We Are In Now – Sanusi https://www.theinfostride.com/we-created-the-recession-we-are-in-now-sanusi/ Wed, 24 Aug 2016 19:43:30 +0000 http://www.theinfostride.com/?p=141303 The Emir of Kano, Emir Muhammad Sanusi II, says we created the recession we are in now. The Emir was speaking at the 15th Joint Planning Board & National Council on Development Planning, and excerpts of his speech were tweeted online by the handle of the Ministry of Budget ‏@KDMobp. Below are 15 important quotes [...]

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]]> Under Goodluck Nigeria Went Into Recession – Rotimi Amaechi https://www.theinfostride.com/under-goodluck-nigeria-went-into-recession-rotimi-amaechi/ Thu, 04 Aug 2016 00:13:45 +0000 http://www.theinfostride.com/?p=138679 According to Minister of Transportation, Rotimi Amaechi, Nigeria went into a recession during the Goodluck Jonathan regime, but the situation was hidden from citizens. Amaechi also claimed that then Finance Minister, Ngozi Okonjo-Iweala pleaded with him to keep quiet about the financial crisis in the country. The minister made the comments during a recent appearance [...]

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