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Recession: Keep Hope Alive, Fashola urges Nigerians

Nigeria’s minister of power, works and housing, Babatunde Fashola has charged citizens to persevere with the present administration during this trying period of economic downturn.

The minister spoke on Tuesday in Abuja at the Special Town Hall Meeting organised for youths which held at the banquet hall of the Presidential Villa.

“Don’t despair, don’t despair — there is hope and there is light at the end of the tunnel.
“I have seen Nigeria like this before, even worse,” he said.

He cited a similar economic misfortune in 1984, adding that the recession at the time was even worse but hard work and diligence got the country out.

“Recession means that we have stopped producing, we are having negative growth — it means that we must roll up our sleeves and work very hard to get back to growth,” he added.

This aligns with the president’s drive to speedily pull the country out of recession as a huge chunk of the 2017 budget was geared towards reviving the economy — a budget Buhari described as having a system of ‘economic recovery and growth’.

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