Nigeria is getting out of recession - Adeosun

Nigeria is getting out of recession – Adeosun


Finance Minister Kemi Adeosun has said that Nigeria was already getting out of the economic recession, as the government had put in place some positive measures that were in the best interest of the citizens.

Adeosun said this while speaking with journalists after the closing ceremony of the 2016 National Council of Finance and Economic Development (NACOFED) conference in Abeokuta, the Ogun State capital. According to her, the economic recovery process would be driven by local, state and federal governments.

“We are already getting out of recession because of the actions the Federal Government is taking, if you are in a problem, the day you start to step towards progression, you are already getting out of it,” she said.

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“The government is investing more in capital than we have ever invested, we are sorting out infrastructures, we are stopping wastage and so the sign of recovery is already there.

“Agriculture and solid mineral are already starting to grow and so they are responding to our policy initiative and we are expected to continue in that direction.

“Nigeria is getting out of the trouble that we have found ourselves, we are turning things around and I believe everybody is united and everybody that were here represented the 36 states,” she said.

She, therefore, urged the finance commissioners from the 36 states and other stakeholders that attended the conference not to see the task of economic recovery as that of the Federal Government alone but rather join hands to save the economy.

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