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Nigeria Getting Out Of Recession, Says Adeosun



kemi-adeosun-minister-of-financeThe Minister of Finance, Mrs. Kemi Adeosun, yesterday said Nigeria was already pulling out of the economic recession following some positive measures the Federal Government had taken.

Mrs. Adeosun added that the recovery plan was to invest more in infrastructure and stop wastage in governance.

She made the assertion in an interview with reporters after the closing ceremony of the 2016 National Council of Finance and Economic Development (NACOFED) conference in Abeokuta, the Ogun State capital.

According to her, the economic recovery process would be driven from the local, state and the Federal Government levels.

“We are investing more in capital expenditure than we have ever invested. We are sorting out infrastructure; we are stopping wastage and so the sign of recovery is already there.

“We are already getting out of recession because of the actions the Federal Government is taking. If you are in a problem, the day you start to step towards progression, you are already getting out of it; we are getting out of it.

“Agriculture and solid minerals are already starting to grow and so they are responding to our policy initiative and we are expected to continue in that direction.

“Nigeria is getting out of the trouble that we have found ourselves. We are turning things around and I believe everybody is united and everybody that was here (conference) represented the 36 states of Nigeria and this recovery will be driven from the state and local governments”, the Finance Minister said.

Mrs. Adeosun also pointed out that diversification of the economy from oil to agriculture and solid minerals, is yielding positive results.

She, however, urged the Finance Commissioners from the 36 states and other stakeholders at the conference not to see economic recovery as the Federal Government’s responsibility, but rather join hands to save the economy.

“There are no Federal people; everybody lives in the states. So having everybody together working in the same direction is very important and I want everybody to be included”, Adeosun said.

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  1. Monica

    September 29, 2016 at 10:48 am

    Surely this country will get out of recession. Many has prayed and lifted up their eyes unto Jesus the author and finisher of our faith. Just has He did it in Samara where a bag of rice is sold for just a few sekeles, He will surely do it in this nation A m e nnnnnnnnnnnnnnn

  2. osebaba

    September 29, 2016 at 11:39 am

    This woman does not ve shame. What is she and Cbn guy still doing in office.

  3. osebaba

    September 29, 2016 at 12:02 pm

    No economic direction, no vision but full of trials and error. Infrastructure expenditure going out of naija. Wen we ve d oppurutnity to build our own network we killed dem and allowed foreign firms like MTN. Now dis woman is playing her own script alone. Their policy is usually we feel dis will work. Dey are never sure of anytin. Clueless govt.

  4. Rica month

    September 29, 2016 at 12:42 pm

    This Woman Self Chai

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Ezekwesili Reacts To Nigerian Govt’s Threat To Sanction CNN



Ezekwesili Reacts To Nigerian Govt’s Threat To Sanction CNN

Former Nigeria’s Minister of Education, Dr. Obaigeli Ezekwesili

Former Minister of Education, Oby Ezekwesili, has reacted to a statement by the Nigerian government demanding that CNN be sanctioned.

On Thursday, Minister of Information, Lai Mohammed, expressed that CNN should be sanctioned for its investigations which he described as irresponsible journalism.

Also Read: #EndSars: UK Parliament Set To Debate The Sanction Of Buhari’s Regime Over #LekkiMassacre

The minister also insisted that there was no mass killing at Lekki toll-gate, adding that it was a ‘Massacre with no bodies’

Reacting to the development, Ezekwesili, mocked the government over its threats at CNN.

She queried the reason for Judicial panels on the #EndSARS crisis if the government has closed its minds to information based on evidence.

She wrote:



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Man shares chat with mother who is trying to hustle a girl for him to marry



A Nigerian man identified as Opata Efungwu has shared his chat with his mother who is trying so hard to get a lady for him to marry.

From the chat with he shared, his mom sent a photo of a lady to him, and asked him to decide if he would want to see her when he comes home for Christmas.

“Check if you will like to see this girl in December when you come home for Christmas or not. If you will like to have her number or not. I still want to show you another person if you want me to”, his mom wrote.

Sharing the conversation on his Instagram page, he wrote;

“This life if someone told me when I was younger that a time will come when my mom will be hustling girls for me, I would never have believed it”.

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Strippers Spotted At Wedding Reception In Nigeria




Stripper Pole

Stripper Pole

A video circulating on social media captures the moment some strippers were seen performing at a wedding reception in Nigeria.

Information Nigeria learnt that the brother of the groom thought it wise to entertain guests by hiring strippers to perform at the afterparty of the wedding.

The man decided to make the unusual move which has got people talking.

In the video, the strippers rocked skimpy outfits as they showed off their dance skills to the pleasure of the guests.

The web user, who made the video available tweeted;

“Lord wash my eyes.

A friends brother legit had strippers as entertainment at his wedding reception

Read Also: Nigerian Professor Arrested For Spending $185k Research Money On Strippers

Watch the video below:

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