About 70 percent of the editorial staff of the Leadership Newspaper Group has been converted to freelancers following the paper’s inability to pay more than one year salary arrears.
The Senate has passed a motion to invite President Muhammadu Buhari to address a joint session of the National Assembly on efforts being made to take the country out of recession.
President Muhammadu Buhari today reassured Nigerians that the current economic recession being experienced in the country, which has led to hardship and suffering by the populace, will not last.
The Minister of Budget and Planning, Udo Udoma, and his Finance counterpart, Kemi Adeosun, on Friday explained the various strategies being adopted by the federal government to stabilise the country’s economy.
Minister of Transportation, Rotimi Amaechi, has said Nigeria went into recession under the administration of former President Goodluck Jonathan, adding that then former Finance Minister and Coordinating Minister of the Economy, Ngozi Okonjo-Iweala, pleaded with him not to tell Nigerians that the country was broke.
Minister of Finance, Kemi Adeosun, and her counterpart in the Budget Ministry, Udoma Udo- Udoma today gave conflicting assessment of the state of the Nigerian economy.
Adeosun, who appeared before the Senate to brief the lawmakers on the state of the economy, remarked that the economy was technically in a state of recession.
