Nigeria will go into recession if COVID-19 continues beyond six months – Zainab Ahamed

Zaina Ahmed has said the country will go into recession if the Coronavirus pandemic persists longer than six months.

The finance minister made this known when she appeared on Channels TV on Friday March 27.

She said “We are hopeful that this pandemic will be limited in time. If it is an average of three months, we should be able to close the year with positive growth. But if it goes longer than that – six months, one year – we will go into recession.”

Related posts

FAAN to shut down power at Lagos airport

Lagos-Bound Air Peace Flight Experiences Bird Strike

FEC Approves ₦47.9tn 2025 Budget