Sunday, February 28, 2021
30 C
Abuja
Sunday, February 28, 2021

Nigeria’s economy sliding into depression – El

Must read

States Should Shut Down In Protest When Next Child Kidnapping Happens – Soyinka

 Nobel laureate Wole Soyinka on Saturday said States should consider shutting down their activities when the next student abduction takes place.Soyinka, who was speaking...

Verizon’s LG V60 ThinQ 5G UW is now receiving the Android 11 update

There are companies who are very good at timely Android updates, there are companies who are quite bad at that, and then there's LG....

The value of ‘digital gold’: What is bitcoin actually worth?

Billionaire Elon Musk threw $1.5bn into bitcoin before tweeting that its value does “seem high.” Microsoft founder Bill Gates, a centibillionaire himself, recently warned...

Governor Nasir El-Rufai of Kaduna State has said Nigeria’s economy is going into a state of depression.

The governor said all the states are presently dealing with very difficult situation as they battle COVID-19 pandemic.

El-Rufai said this while speaking to State House correspondents on Friday at the Presidential Villa, Abuja, NAN reports.

“The economy is going to go into depression; there is nothing we can do about that; revenues have collapsed; yet you still have to invest in more public health facilities.

“Most of the leaders have to invest in treatment despite the condition and weighed to invest in security.”

He added that it is a difficult time for those at the leadership positions even as he called on all leaders to work in unity.

“This time is a very difficult time to be in a leadership position and that is why the people and the leaders must all work together and pray for God to end this Coronavirus pandemic.

“It is a major problem, but we are working together,” El-rufai added.

The Kaduna Governor, however, added that Nigeria will surely overcome as a resilient nation.

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

States Should Shut Down In Protest When Next Child Kidnapping Happens – Soyinka

 Nobel laureate Wole Soyinka on Saturday said States should consider shutting down their activities when the next student abduction takes place.Soyinka, who was speaking...

Verizon’s LG V60 ThinQ 5G UW is now receiving the Android 11 update

There are companies who are very good at timely Android updates, there are companies who are quite bad at that, and then there's LG....

The value of ‘digital gold’: What is bitcoin actually worth?

Billionaire Elon Musk threw $1.5bn into bitcoin before tweeting that its value does “seem high.” Microsoft founder Bill Gates, a centibillionaire himself, recently warned...