Tags: recession

Buhari, Obasanjo Led Nigeria Into Recession—Oyegbami

A Nigerian author, Olusegun Olatunde Oyegbami, has accused President Muhammadu Buhari and former President Olusegun Obasanjo of causing the present economic woes in Nigeria. Oyegbami, who is the author of ‘Reversing the Rot in Nigeria’, made this known in this interview, where he also talked on the fraud behind the Petroleum Equalization Fund (PEF) and…

Re: Recession; Governors Lavish Billions of Naira on Bulletproof Cars For Selves, Wives

Below is a reaction to a story published by Punch, which was sent to Aproko247 by Justice Now Foundation. We read the story with the above headline on your Saturday, September 24, 2016 edition with utter disbelief. Not that we were taken aback by the underlying motive to whip up negative sentiments against the government, portray it…

Why Recession Will Grow Nigeria’s Travel & Hospitality Industry, By Olukayode Kolawole

The International Monetary Funds, IMF, predicted in 2015 that Nigeria’s economy will slide into a recession in 2016 by 1.8 per cent. The forecast indicated that our economy will grow at a much slower pace than South Africa’s. Months after the prediction, truly Nigeria slipped into a recession. Everywhere around the world, recession is one…