January 18, 2023 3:01 PM
Citing the projections of multilateral organisations such as the World Bank and the International Monetary Fund, the minister said there was a strong possibility that the world economy is headed for a recession. Ahmed said in 2008 when there was a global recession, Nigeria’s FX reserves were in excess of $60 billion and the country was able to withstand the impact of that recession.Asked if the country would be able to withstand another recession this year, she said the country’s FX reserves stood at $34 billion.“It is true we had higher reserves during the first global recession. Our reserves are now at $34 billion. So, that is still a healthy level.
You again
This minister is an embodiment of lies. She is so incorrigible.
Criminal minister
This woman must be m..d. Healthy and you keep borrowing.
The external reserve we hear that dipped in decline plummeted plunged...
Nigerians should better accept the other side of this story, cause that's the truth.
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