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Topic: Why Nigeria is in recession, by Soludo  (Read 1159 times)

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Why Nigeria is in recession, by Soludo
« on: May 19, 2017, 07:01:56 AM »
Why Nigeria is in recession, by Soludo

Former Central Bank of Nigeria (CBN) Governor, Prof. Chukwma Soludo, has blamed ‘unprecedented borrowing’ during ‘unprecedented boom in oil prices’ by the last administration as one of the reasons the nation slipped into avoidable economic recession. Soludo also lamented that instead of spending money to oil the engine of the economy, the Treasury Single AccountRead More


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