Nigeria’s Minister of , Budget and National Planning, Mrs Zainab Ahmed, on Monday, said the country will exit recession by the first quarter of 2021.
Ahmed spoke about the current recession in the country at the ongoing 26th Nigerian Economic Summit organised by the Nigerian Economic Summit Group and the Federal Ministry of Finance, Budget, and National Planning.
Nigeria, on Saturday entered its second recession in five years in the third quarter of this year as the Gross Domestic Product (GDP) fell for the second consecutive quarter.
Details later…
RELATED POSTS:
2020 Budget: Senate approves Buhari’ s request for N850bn loan
FG tasks treasury managers on reform
COVID-19: FG seeks NASS approval for N500bn intervention fund