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Minister says recession may be longer

Gbenga Bada

September 26, 2016 6:47 AM

Kemi Adeosun has said the current economic recession might take a little longer than the Federal Government will want.

Nigeria's Finance Minister Kemi Adeosun speaks at a news conference in Lagos, Nigeria, April 9, 2016.

The minister of finance,

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Speaking to Punch Newspaper, the Minister revealed that though she cannot predict when the country will get out of the current economic recession, she's certain it will be over soon.

In her words: “I don’t want to predict when we will get out of recession. Let me tell you that we will get into growth and that’s how you get out of recession, because of the stimulus that we are providing.

“And it may take longer than we would like, but we will definitely get out of it. We are already seeing some positive signs in agriculture and solid minerals;and with what we are trying to do with other sectors, I am very sure we will get out of it soon.”

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The minister who had said this is difficult time for Nigeria, .