Monday, September 26

I can’t predict when recession will end - Finance Minister

The Minister of Finance, Mrs. Kemi Adeosun, has said that she cannot predict when the nation will get out of the current economic recession. She, however pointed out that some of the efforts of the government to reflate the economy had started yielding results.

In an interview in Abuja, the minister said:

“I don’t want to predict when we will get out of recession. Let me tell you that we will get into growth and that’s how you get out of recession, because of the stimulus that we are providing. And it may take longer than we would like, but we will definitely get out of it. We are already seeing some positive signs in agriculture and solid minerals; and with what we are trying to do with other sectors, I am very sure we will get out of it soon.”

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