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Tag: Recession

HUNGER: Smugglers now package bag of rice as corpses

September 2, 2016September 2, 2016Ayo Olowo

The Seme Command of the Nigeria Customs Service, through its spokesman, Selechang Taupyen on Thursday disclosed that rice smugglers have devised a method to beat security checks.According to Taupyen, the latest tactic of smugglers is to wrap bags of rice as corpses and load them in hearses. He said 11 bags of imported rice, wrapped as a […]

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Finance Minister: I never said “recession is just a word”

September 2, 2016September 2, 2016Ayo Olowo

Festus Akanbi, Special Adviser on Media to the Minister of Finance, Mrs Kemi Adeosun, has said the minister does not have any twitter account, and should not be linked to contents on the account that is currently trending. Akanbi, said in the statement issued on Thursday, that Adeosun’s attention had been drawn to a fake […]

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Nigeria was in recession under Jonathan, we covered it up

August 3, 2016Ayo Olowo

Minister of transportation, Rotimi Amaechi, in an interview on The Osasu Show, said that Nigeria was in recession under former President Goodluck Jonathan but that the government only covered it up by saying it was cash-strapped. Mr. Amaechi, who was then the chairman of Nigerian Governors Forum (NGF), said the economy went into a recession […]

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