Exit From Recession Will Be Felt In 2020 – Minister

Minister of Budget and National Planning Senator Udoma Udo Udoma, on Monday said Nigerians will not feel the impact of exit from recession fully until 2020.

The National Bureau of Statistics (NBS) recently confirmed that Nigeria has exited recession.

The minister expressed his view at a strategic retreat organised by the Nigerian Institute of Social and Economic Research (NISER), Ibadan, at the Training and Conference Centre, Ogere.

Udoma remarked that the NBS numbers was only a challenge to Nigerians to work harder so that the country can achieve the 7% growth rate desirable for total economic breakthrough by the year 2020.

He enjoined Nigerians to be more steadfast and join force with government in its determination to change the national economic trajectory in accordance with the Economic Recovery and Growth Plan (ERGP) launched by President Muhammadu Buhari earlier this year.

Leave a Reply

%d bloggers like this: