adverse effects

Nigerians in for another shock?  … As President Buhari braces their nerves

Nigerians in for another shock? … As President Buhari braces their nerves

*Prepare your mind for another recession with glaring adverse consequence, PMB tells Nigerians President Muhammadu Buhari said the country is heading for another recession, the second in four years. He made this known yesterday, October 8, while presenting the 2021 budget to the National Assembly for approval. He noted, however, that the Federal Government has put in place plans to ensure rapid recovery in 2021. He spoke against the backdrop of a significant increase in deficit beyond the provisions of the Fiscal Responsibility Act, following revenue pressures faced by the government. He said: "The 2021 Budget was prepared amid a…
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