According to new report from the National Bureau of Statistics on the Gross Domestic Product figures for the second quarter of 2016 released today, it is now obvious that Nigeria's Economy has officially slid into recession.
The report which was shared via the twitter handle of the
Statistician General of the Federation, Yemi Kale shows Nigeria's GDP growth rate
dropped from -0.36 per cent in the first quarter to -2.06 per cent.
This is not good at all! I still opine that some key economic players should be replaced. Finance, economics and politics should never be mixed. Nigeria need good hands like Ngozi Iweala.
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