Nigeria already getting out of recession – Finance Minister | Nigeria News Today. Your online Nigerian Newspaper

The Minister of Finance, Mrs. Kemi Adeosun, has said the country is already getting out of the economic recession, given the pragmatic approaches the Federal Government is taking to reverse the trend.

She said this on Wednesday while fielding questions from journalists at the end of a two-day National Council of Finance and Economic Development conference held at the Green Legacy Resort, Olusegun Obasanjo Presidential Library, Abeokuta.

It was held in conjunction with the Federal Ministry of Finance with the theme: ‘Enhancing revenue generation and obtaining best value for money in expenditure.’

Commissioners of finance from the 36 states across the country were in attendance.

She noted that since the problems have been identified, and steps are already being taken to block waste, the road to recovery was sure.

She said, “We are already getting out of recession because of the actions the Federal Government is taking.

“We are investing more in capital than we have ever invested. We are sorting out infrastructure, we are stopping wastage and so the signs of recovery are already there.”

She explained that agriculture and solid minerals are already starting to grow, as they are responding to government’s policy initiative.

Adeosun said stakeholders from 36 states across the country had brainstormed for two days while resource persons also delivered papers, adding that the economic recovery would be driven at the state and local government levels.

She advised finance commissioners and the accountant-generals in the states to compute their balance sheets, which would show their assets and liabilities.

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  1. Lies, lies, lies, lies. Madame Finance Minister, check ur crystal ball again.

  2. Nigerians are fools?

  3. Most officials in this current clueless ignorant and incompetent APC government are notorious liars. Alhaji lie is number one and Madam finance minister is now fast coming up the ladder since her induction into this government liers Hall of Fame.
    Change dole!
    Sai Baba!

  4. APC-Hunger, CHANJI-Recession, BUHARI-Islamism!!!!!!!

  5. Can someone call her 2 order.what sre d indicator u uze...

  6. Can someone call her 2 order.what sre d indicator u uze 2 no dat recessetion is goimg gradually...

  7. Dis ppl knows nothing just 2 plagiarise Obamas. Dolar is is 445 and she is talking like she drank bruku mixed wit stout.

  8. Chisos!!! What kind of devilish lie is this? Am very sure that even demons would be surprise at the weight of your lies.

  9. Kudos kemi, this are informations we need to know. Yes the economy is improving. Why are we all blasting the woman? Is it because we fail to see and accept the truth? We want to continue spending like we own the world? We are lazy and judgemental, we would rather criticize someone because she isn't from our tribe, religion or political party.

    We prefer to spend frivolously and live lavishly, while our future remains bleak. For someone not to know that Kemi Adeosun is not Emefiele and that CBN is independent off the FG is quite and outcry of how low are youths are, and we claim to be the future of this country. Kemi Adeosun does not and has never controlled the sale, purchase or whatever concerns the dollar.

    We have a long way to go, we need to stop and smell the roses and get our heads out of the air.

  10. Kk.if u said so finance minister.other article I read about, wht d mention abt economy recession dat u dnt knw wen d recession will end or its might end dis year are all assumption jst to say somethin..doh u hv really tried.nigerian must b better one day..

  11. The government of Nigeria is never truthful to itself. As a usual saying "charity begins at home", the government must first reduce its expenses drastically (cutting the salaries and allownances of national & states house of assemblies, same with president) as a sign of seriousness and focus to really tackle the inflation.


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