How Buhari, Osinbajo got Nigeria out of recession
By
Sat Feb 20 2021
Not too many Nigerians expected the nation’s Covid-induced recession which hit the economy in the Third Quarter (Q3) to have disappeared in Q4 with an expansion of 0.11 percent. For one, I watched many economic experts discuss the “unexpected exit” of Nigeria from recession when there’s nearly no end in sight to the United Kingdom economy exiting recession.
As economist Bismark Rewane said in an interview with Channels TV this morning, this remarkable development can be attributed to four interrelated factors which include the fact that the Economic Sustainability Plan (ESP) “was more successful than we thought it would be initially”.
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