“The global economy is predicted to also be slipping into recession.” Nigeria Recession
might be heading for another recession, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has warned.
Fielding question on the possibility of a fresh downturn, Ahmed asserted: “Very clearly, the Gross Domestic Product has been reduced because of the economic crisis that we found ourselves in. But Nigeria is not alone in this. She went on: “The National Bureau of Statistics has made an assessment that we will go into recession to the level of four per cent.“That is the unfortunate reality and the reality of the global economy.”
In his closing remarks, the panel chairman, Senator Solomon Adeola , said some of the proposals might be tinkered with.
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