News Naija
Nigeria Will Go Into Recession If Covid-19 Continues Beyond Six Months – Finance Minister
Nigeria’s Minister of Finance, Zainab Ahmed has said the country will go into recession if the Coronavirus pandemic persists longer than six months.
She made this known when she appeared on Channels TV on Friday March 27.
“We are hopeful that this pandemic will be limited in time. If it is an average of three months, we should be able to close the year with positive growth. But if it goes longer than that – six months, one year – we will go into recession.” she said.
Currently Nigeria has recorded 70 cases of Covid-19 across the nation.
