Nigeria Is Still In Recession – Governor Wike

Rivers state Governor Nyesom Woke has argued that Nigeria is not out of recession as previously reported by National Bureau of Statistics, NBS.

About two weeks ago, NBS published report that Nigeria has exited a chronic recession of more than two decades, notching up growth of 0.55 per cent in the second quarter of 2017. This report excited President Buhari, as it marked a great impact for the All Progressive’s Congress.

Lady weekend, Wike faulted the report while speaking with Independent newspaper as he mentioned that the
was a mere deceit by the government to persuade Nigerians about the ruling party.

He said:

“When you say you are out of recession, it has an implication. The implication is that the economy has bounced back. When the economy has bounced back, it means there is food on the table for people to eat.

“For the government, it means there is money for states to embark on infrastructure and development of their various areas. But you can see that most politicians try to deceive the people who have given them the mandate and their votes to represent them.

“I don’t believe that Nigeria is out of recession because there must be signs to show that we are out of recession. All these things they are saying about Nigeria out of recession are gimmicks. Each time, the ruling party has a problem, they find one thing to talk about in order to keep on moving so that Nigerians can continue to believe in them. That to me is not correct. You can no longer continue to deceive Nigerians”.

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