Despite strong headwinds, Nigeria’s economy continues to grow – Buhari

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Mr Buhari said the COVID-19 pandemic, the war in Ukraine and the loss of substantial volumes of oil have had negative impacts on the Nigerian economy.

President Muhammadu Buhari says despite the disruptions in global economy and internal troubles, the Nigerian economy has continued to be resilient and maintain an upward trajectory.

“Just as the world was beginning to recover from the coronavirus, the conflict in the Black Sea region between Ukraine and Russia worsened the challenges already being faced and created additional problems to which policy makers are having to respond. He, however, assured Nigerians that despite these hiccups, necessitating borrowings from financial sources, “the current administration remains committed to the welfare of the citizens, especially the implementation of the Social Investment Programmes.

According to the president, while he understands the concerns arising from the huge expenditure on fuel subsidy, it is expedient that a right balance be struck not to scare away investors. “Sustainably dealing with the challenge of policy predictability and coherence is an important element in this regard.”On the mandate and constitution of the Committee under his headship with representations from state governors, the president said he was convinced that it would deliver as expected for the benefit of the populace.

“The work with which I have tasked the assembled team will enable us respond more swiftly and efficiently,” the president said.

 

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That is on paper because nothing to show for it in market places or in cost of living.

May Almighty Allah help you Mr President

rubbish wht winds?

Economy is growing and hunger is rising, Buharinomics!

Absolutely untrue

Yes downward on a free fall.

Come out of the bubble that is Aso Rock.

Obviously, a detached president.

Of course if you eat state food and your health is on state treasury, one can have this kid of opinion about a comatose economy

Lori iro

Very rubbish

Out of Touch with Reality, mumu man

😃😃😃😃

Downward

The economy keeps growing backwards, is what Baba Buhari meant to say.

Which economy?

Is this playing?😂

Even the NBS figures support this.

For where the economy grow go? Please explain

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