COVID-19: Nigeria going into recession – Fashola

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The Minister of Works and Housing, Babatunde Fashola, has lamented that Nigeria is heading towards recession, following the coronavirus pandemic. Fashola, a former governor of Lagos State made the disclosure while featuring on Channels Television's Politics Today. He, however, assured that Nigerian government was working towards bringing back the country's economy. The Minister also blamed

The Minister of Works and Housing, Babatunde Fashola, has lamented that Nigeria is heading towards recession, following the coronavirus pandemic.

Fashola, a former governor of Lagos State made the disclosure while featuring on Channels Television’s Politics Today. He, however, assured that Nigerian government was working towards bringing back the country’s economy.He stated that the COVID-19 outbreak has affected construction activities and government revenue.

According to Fashola: “As I speak to you now, we have lost essentially the prime of our working period which is the dry season in the COVID-19 period.

 

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This man has made a fortune in this government

Where were we before?

Congratulations

Wait ooo, is this guy the minister of finance or governor of cbn? Why is he always carrying this on his head. Their mismanagement of the economy and unrestrained looting will certainly amplify the magnitude of the recession.

Why would Nigeria be going into where they are already is?, since useless APC and Buhari came into power in 2015, nonsense ingredients

Oga Nigeria has been in recession since you people took over power, it is only getting worst...

N13billion was allegedly used for “imaginary feeding of school children at home”. N27billion was approved for renovation of NASS. N1.7billion as consultancy fee for the 2nd runway at NAI airport Abuja. Billions allegedly shared to poor households. This govt is outrightly stupid!

It started long ago

Because of lack of purposeful leadership and too much corruption in the system.

Global Recession, not Nigeria simple 😷

Lol. Recession... Some people are ready to loot while some are looting already. God of Elijah send down fire🔥🔥🔥🔥

We know now

All blame will go to covid19, all d mismanagement, looting and embezzlement. Finally APC has gotten enough reason to justify their incompetence.

But your bank accounts...?

Our economy has been in recession since Buhari became president in 2015. tundefashola statement was misguided and misleading.

Breaking News!

You don't need to say it as long as your idol is there it will keep happening but our God will see us through!

Abi we r already there?🙄

Baba is old oooo

How many Recessions under this Useless Regime?

We never left 2016 recession

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