Sunday 5 May 2013

No cause for alarm over Nigeria’s economy?


imageshdShould the trend in crude oil output continue to drop, Nigeria could be losing on average, about $1billion monthly says the Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala.
She and her counterpart,Governor Central Bank of Nigeria, CBN, Mallam Lamido Sanusi have told the International Monetary Fund, IMF, that there is no cause for alarm over Nigeria’s economy.
The duo might be working tirelessly. But it is obvious and hurts to note that things are getting even more difficult in the country! Cost of living is rising in Nigeria! Can we then sincerely say, no cause for alarm over Nigeria’s economy?
- Just An Observation
Baby Owl

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