Breaking News: Nigeria is out of Recession


Breaking News: Finally, The Most Populous Black Nation On Earth(Nigeria) Is Out Of Economic Recession, Confirmed By National Bureau Of Statistics (NBS) .



Nigeria Suffered Economic Recession in 29 years Again because of this  7 Major Reasons.

1.) Inability of the previous administration (led by Goodluck Jonathan) to save.
2.) Nigeria’s over-dependence on foreign products.
3.) Economic policies of the present administration
4.) The delay and controversies of the 2016 budget
5.) The activities of militants and pipeline vandals
6.) The existence of wasteful and abuse-prone subsidies
7.) The different actions (or inactions) of the Central Bank of Nigeria (CBN) in forestalling recession.

Comments

Post a Comment

Popular posts from this blog

SUG President's : Students not Slaves, Rise up to your Duties

Image
Edited by Echezona Ezeh, What is SUG,Powers and Duties ?  This question is always on the lips of those yet to witness the activities in the University. The SUG is an Acronym meaning “ Student Union Government ” . it comprises of many officials (e.g. Vice President, Secretary, Treasurer, Director’s etc.),    usually headed by a president. The student government president ( student body president , student council president , or The Aluta 001) is generally the highest-ranking officer of a student union. The Duties and powers of the SUG President or the authority and responsibility of SUG President vary according to the respective institutions. Students performing in this role typically serve a ceremonial and managerial purpose, as a spokesperson of the entire student body. The president may oversee his or her association's efforts on student activity events and planning, school policy support from students, budget allocation, fiscal planning, recognition of developing issue...
Read more

Breaking News: CONCERN NIGERIAN STUDENTS SET TO RECONVENE NUNS, FIX DATE FOR MAIDEN CONGRESS

Image
  CONCERN NIGERIAN STUDENTS SET TO RECONVENE NUNS, FIX DATE FOR MAIDEN CONGRESS - Press Text -2nd August 2018. NUNS - National Union Of Nigerian Student Solidarity greetings from Maiden Congress Planning Committee of our dear National Union of Nigerian Students NUNS . One will recall that The National Union of Nigerian Students (NUNS) was founded in 1956, a union that brought together Nigerian students at home and abroad. NUNS was a branch of the West African Students’ Union (WASU) founded by Ladipo Solanke and Herbert Bright Bankole in 1925. The union actively opposed the policies of the government on so many issues about Nigeria’s education system, the rights of students in Nigeria and many more. In April 1978, The National Union of Nigerian Students (NUNS) fully participated in many campus protests across the nation against the increasement of university fees. More than twenty students were seriously injured and killed by the police and army sent to drive the protesting student...
Read more

22 suspected Nigerian yahoo boys arrested in...

Image
22 suspected Nigerian yahoo boys arrested in Ghana The Ghanaian Police who told newsmen that they are processing the suspects for court, according to citinews, said the suspects will be repatriated in coming days which they believe is in the right direction to reduce the level of crime in the country. This is coming after the Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, arrested 15 suspected Internet fraudsters for offenses bordering on obtaining by false pretense, lottery scam, and love scam. The suspects are Adeyemi Tiwatope, 20; Odeyemi Olawale, 20; Nike Afolabi Olaiya, 20; Awe Abimbola Ireti, 23; Yusuf Aliu Oluwafemi, 20; Osidipe Olatunbosun, 24; Tosin Adesanya, 19 and Adeyinka Bello, 17. Others are: Aliu Lukman, 18; Damilola Fatona, 20; Shonubi Adetola, 18; Adewale Babatunde, 17; Afolabi Lekan, 19; Awe Ayodele, 24 and Adeyemi Gbadebo, 19. The suspects were arrested on Saturday, February 3, 2018, in the Shotubo and Awoluwo areas of Sagamu, Ogun State. Their ...
Read more