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Tag: recession
Nigeria’s GDP grows by 1.40 percent – NBS report
The National Bureau of Statistics (NBS) says the nation’s Gross Domestic Product (GDP) grew by 1.40 percent year-on-year in real terms in the 3rd quarter. The NBS stated this in…
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The YNaija Tracklist: I will reveal why I lost in 2015 at the appropriate time – Jonathan | You are living up to your status as APC’s attack dog | Fayose tells EFCC | More stories
From the papers this morning - a tracklist. I will reveal why I lost in 2015 at the appropriate time – Jonathan - YNaija Despite exit from recession, Nigeria’s economy…
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Despite exit from recession, Nigeria’s economy still vulnerable – FG
The Federal Government has said Nigeria's economy is still vulnerable to shock, despite recently coming out of recession. Minister of Budget and National Planning, Udo Udoma, said this while addressing…
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What really led Nigeria into recession – Former minister
A former Minister of Finance and one-time High Commissioner to the United Kingdom, Alhaji Abubakar Alhaji, in Sokoto on Tuesday while hosting Senator Shehu Sani (Kaduna Central) has identified high…
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Gbenga Odunsi: FCT civil servants reject NBS report on recession
By Gbenga Odunsi For days, Gbenga Odunsi, a journalist, toured five of the federal ministries in Abuja, spending time with civil servants over the NBS report that Nigeria is…
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Fisayo Soyombo: 2019 elections in September 2017 — Nigeria now in political recession
by ‘Fisayo Soyombo A blind man who only listens to radio must be thinking this is September 2018 rather than September 2017. It is still two long years before…
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“If you don’t leave office, office will leave you.” “…just like you know I will support only Atiku.” | Read our top 10 quotes from last week
Nigeria is out of recession, 2019 is closer than we think and Nnamdi Kanu... well, is still Nnamdi Kanu. But here's how we know all that: because they said it!…
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We should not celebrate Nigeria’s exit from recession yet – Okonkwo
The Managing Director/Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo has asked Nigerians not to celebrate the exit of the recession announced by the National Bureau of Statistics (NBS),…
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Stop attempting to politicise Nigeria’s exit from recession – Lai Mohammed
Minister of Information and Culture, Lai Mohammed has said the standards of living of Nigerians will improve as the country exited recession. Mohammed said this on Friday in Abuja when…
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PDP caused horrendous damage to Nigeria’s economy – Segun Oni
The National Deputy Chairman, All Progressives Congress (APC), Segun Oni, says the People’s Democratic Party-led administration of ex-President Goodluck Jonathan caused more damage to the Nigerian economy. He told newsmen…
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Nigeria needs a robust production-based solution to exit recession – SEWUN
As reported by Vanguard, steel and engineering workers have raised the alarm over the closure of 272 factories and sack of 3,000 since 2016, noting that any economy not producing…
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The Big 5: Osinbajo visits Benue flood victims; Nigerian killed in South Africa; and other top stories
Good evening. Here are the top 5 stories that drove conversation today: Vice President Prof. Yemi Osinbajo visited the flood victims in Benue on Thursday, with a message from President Muhammadu Buhari. "I…
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Ministers attribute end of recession to govt’s hard work
The Minister of Information, Lai Mohammed Wednesday, stated that Nigeria’s exit from recession is due to a conscientious effort. Mr Mohammed said the country had been on the path to…
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“We pray for the price of Gala and Garri to welcome the news also” | TwitterNG reacts to Atiku’s recession comments
Former Vice President of Nigeria joined his colleague, Shehu Sani to support the Nigerian masses declaration that until their standard of living reflects differently, Nigeria is still in a recession.…
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Recession: There is still more work to be done – APC
The All Progressives Congress (APC) on Wednesday said the exit from recession was the fulfillment of one of the promises of President Muhammadu Buhari. The party however said more has…
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We are still in recession until Nigerians can eat 3 square meals – Atiku
Former Vice President, Atiku Abubakar has said recession is not over until Nigerians can eat three square meals. He said this while responding to a report by the NBS that…
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Nigeria’s recovery from recession is weak, feeble – PDP
The Peoples Democratic Party (PDP) has said Nigeria's exit from recession does not call for any celebration. The Nigeria Bureau of Statistics in its second quarter Gross Domestic Product report…
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Nigerians won’t feel impact of exiting recession immediately – NBS
Chief Executive Officer, National Bureau of Statistics (NBS), Dr Yemi Kale has said Nigerians may not immediately feel the effect of coming out of recession. Kale, the Statistician-General of the Federation,…
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Nigerians must feel the impact of exit from recession – Buhari
President Muhammadu Buhari has said Nigerians will soon feel the impact of coming out of recession. His Senior Special Assistant on Media and Publicity, Malam Garba Shehu, quoted him as…
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The Late 5: Goodbye to recession, Trump dumps DACA, and other top stories
Hello, Good evening. Here are the top 5 stories that drove conversation today: Nigeria is officially out of recession, as the nation's GDP grew by 0.55 percent for Q2 2017,…
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The Thread: This is what the NBS means when it says Nigeria is out of recession
Judging from the responses that came through on Twitter NG, following Dr Yemi Kale's thread showing the numbers which prove Nigeria is out of recession, more than a few Nigerians…
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What’s the ‘recession cost’ of the ASUU strike?
by Alexander O. Onukwue It is, without a doubt, good to announce repeatedly and be happy for the exit from recession, but let’s not get ahead of ourselves yet; it…
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GDP: what can be done to make Agriculture contribute more?
by Alexander O.Onukwue Agriculture was third in terms of sector contributions to the GDP according to the NBS number published today, September 5. While the services sector, with 53.73%, contributed…
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Out of recession, now give us more change
by Alexander O. Onukwue The numbers have shown that Nigeria is no longer in recession, but as many analysts are pointing out, it is by the least possible margin. Some…
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Nigeria’s exit from recession shows Buhari is working for the people – Presidency
Special Adviser to the President on Media and Publicity, Femi Adesina had said the country's exit from recession has shown that President Muhammadu Buhari is working hard. Adesina said this…
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The Thread: Nigeria is officially out of recession. Here are the stats to prove it
It has been announced that Nigeria is technically out of recession. But as the reactions to the numbers below show, it doesn't mean that the prices of goods and services…
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We are delighted Nigeria’s economy is out of recession – Senate
The Senate has expressed delight at the news report that Nigeria's economy is officially out of recession. In a statement by Chairman of its Committee on Media and Public Affairs,…
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Out of recession but still hostage to oil
by Alexander O. Onukwue From the figures published on Nigeria’s GDP by the Nigeria Bureau of Statistics, the oil sector was estimated to have averaged at 1.84 million barrels per…
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Out of recession: Another promise delivered?
by Alexander O. Onukwue The Nigeria Bureau of Statistics published data today which says the country is officially out of its worst recession in 29 years. The figures published by…
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YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy