FG reveals how it will get past recession, says recession Will Be Short-Lived | READ DETAILS
chuks oti
Nov 23, 2020
The Federal Government has said the current economic recession will be short-lived.
READ ALSO: Mother's Day: Abia Government Liaison Officer Honours Women, Says Mothers Shape Future Leaders
The Minister of Finance, Budget and National Planning Mrs. Zainab Ahmed stated this on Monday at the 26th Economic Summit which began in Abuja.
READ ALSO: BREAKING: MPC votes to retain benchmark interest rate at 11.5%, hold other parameters constant
"The current recession will be a short one as the government and key stakeholders; are proactively working together to put in place sustainable measures to curtail and improve the situation.ÔÇØ
READ ALSO: Ofuji Ndị Igbo Sets 2026 Agenda, Promises Greater Community Engagement
The National Bureau of Statistics officially announced Nigeria's economy has gone into a recession on Saturday.
READ ALSO: BRITAIN AND US RELATIONSHIP WORSEN AS TRUMP CALLS THERESA MAY "FOOLISHÔÇØ
Nigeria's GDP recorded a negative growth of 3.62 per cent in the third quarter of 2020.
READ ALSO: BREAKING: Ex Japanese PM Abe Dead, Suspected Assassin Arrested | READ DETAILS
The theme for this year's Summit is "Building Partnerships for ResilienceÔÇØ.
READ ALSO: BREAKING: Ex-Imo Gov Ikedi Ohakim Pulls Out From APC Senatorial Primary | READ WHY
The 26th Nigerian Economic Summit is jointly organised with the Federal Ministry of Finance, Budget and National Planning (FMFBNP).
READ ALSO: How a Catholic Priest Slumped and Died While Delivering Homily in Delta Church
It is expected to be an earnest discourse for public and private sector stakeholders to reflect on the state of the Nigerian economy, rethink the country's economic fundamentals, deliberate on the impact of the global pandemic and chart a path to rapid recovery.
Credits
Related Stories
Bloodbath At Wedding: Bandits Kill 13, Abduct Many In Midnight Attack In Kaduna Community
"Ikwuano Locked Down For Alex OttiÔÇØ - Monday Ubani SAN Sends Strong Message To Opposition
Mother's Day: Abia Government Liaison Officer Honours Women, Says Mothers Shape Future Leaders
Why ICPC Is Prosecuting Mike Ozekhome Over a London Property Deal That Has Shaken Nigeria's Legal Circle | READ DETAILS
Ofuji Ndị Igbo Sets 2026 Agenda, Promises Greater Community Engagement
How a Catholic Priest Slumped and Died While Delivering Homily in Delta Church
""
— chuks oti