Home » Deep Economic Recession

Deep Economic Recession

Nigerian government’s stimulus package will avert deep economic recession – minister

Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, has stated that the provision of stimulus package by the Federal Government will go a long way in preventing the country from plunging into deep economic recession. Prince Agba stated this at a virtual roundtable discussion, among state and non-state actors, international organizations and donor agencies, facilitated by the Nigeria’s secretariat of Open Government Partnership (OGP). The minister, who is a co-chair of OGP, led the discussion, which focused on ensuring an effective and inclusive stimulus as well as safety nets campaign for Nigeria as part of the response to the COVID-19 recovery. The Minister said that the roundtable discussion was aimed at improving transparency and accountability as the country r...