Federal Government reaffirms that Nigeria will come out of recession in 2017

Wednesday, 14 December 2016

Federal Government reaffirms that Nigeria will come out of recession in 2017


The federal government of Nigeria has assured Nigerians that the ongoing economic hardship in the nation would end in 2017.

It said a foundation for a diversified economy had been being laid, adding that “the 2017 budget will strengthen the economy further.”

The Secretary to the Government of the Federation, Babachir David Lawal, gave this message of hope when he received a delegation from the Methodist Church of Nigeria, led by the Archbishop of Abuja, the Most Reverend Joseph Oche Job.


A statement issued by the Director of Press and Public Relations in the Office of the SGF, Bolaji Adebiyi, quoted Lawal as restating that “President Muhammadu Buhari is determined to revamp the economy and take the nation out of recession next year (2017)”

He further added that President Buhari was determined and committed to the three major objectives of his administration, which are to improve national security, vigorously fight corruption and overhaul the economy.

He implored them to continue to pray for peace and security of the nation.

In his remark, Archbishop Job assured the support of the Church for the Federal Government in the fight against corruption which, he said , “is the number one enemy of our dear country Nigeria.”

Ealier, Vice President, Yemi Osinbajo had expressed optimism that Nigerian will come out of the current recession happy.‎

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