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Zaina Ahmed, Nigeria’s Minister of Finance, has said the country will go into recession if the Coronavirus pandemic persists longer than six months.
She made this known when she appeared on Channels TV on Friday March 27.
“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.” she said
The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the...
Minister of Finance, Zainab Ahmed has said that the country’s low oil production is not enough to cover the petrol import costs. The Minister...
Minister of finance, budget and national planning, Zainab Ahmed has revealed that the federal government is considering political paths to resolve the ongoing value-added tax...
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said that majority of vehicles imported into Nigeria were stolen. The Minister said...
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