Are We Still In Recession? Because This Hunger Dey Vex By Fredrick Nwabufo

0
247


FB IMG 1509208072188 Are We Still In Recession? Because This Hunger Dey Vex By Fredrick Nwabufo

When economic syrups do not improve the health of a diseased economy, the medicine can be best described as fake, substandard, and voodoo-ish.

Nigeria ‘exited’ recession in September 2017. At the time, the government made exorbitant promises and bragged that it “rescued” the economy from the buccaneer manifestations of the Jonathan administration. I remember, Lai Mohammed, minister of information, made this a refrain at every official event.

But months after the ‘exit’, the economy has not improved. And there are no pointers to marginal economic recovery.

I will not buy that economic bullshit that ‘there are significant improvements, but that they will become visible in another one or two years’, because the government has sustained this lie for three years.

How has the economy improved?

A dollar is still 360 naira; a depressing hike from the N167 under President…



Read More…..Sahara Reporters