Finance Minister, Zainab Ahamed: Nigeria will go into recession if COVID-19 continues beyond six months. Zaina Ahmed, Nigeria’s Minister of Finance, 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.
Source – TalkofNaija
In other news – COVID 19 Update: No infected person was onboard Aircraft- Air Peace
COVID 19 Update: No infected person was onboard Aircraft- Air Peace. Earlier on Tuesday, a viral post on Twitter by Ali Grema said a pilot with Air Peace, who arrived in Kano from Lagos, refused to allow passengers disembark after suspecting that a passenger on the flight had Coronavirus.
Air Peace has refuted claims that it airlifted a passenger suspected of having Coronavirus from Lagos to Kano. The Twitter user who shared the video wrote; Reacting to the incident, Chief Operating Officer of Air Peace, Toyin Olajide, said that the…continue reading.