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Council of State: Nigeria will get out of recession

The Council of State, at its meeting yesterday, expressed confidence that the country would get out of the current economic recession. The council meeting, which…

The Council of State, at its meeting yesterday, expressed confidence that the country would get out of the current economic recession.
The council meeting, which took place inside the Presidential Villa in Abuja, was presided over by President Muhammadu Buhari.
Lagos State Governor Akinwumi Ambode, while fielding questions from State House reporters after the meeting, said the Minister of State for Budget and National Planning briefed the council on the state of the economy.
Ambode said the council was confident and “also approved the measures the Federal Government is putting in place to ensure that Nigeria goes on the path of recovery as quickly as possible.”
“The council was also briefed on the state of the economy. The Minister of State for Budget and Planning actually made a presentation to council on the ways and manner in which the Federal Government is approaching the way to rescue the recession path that we are going through,” he stated.
The governor, who said council members suggested way forward, did not disclose the specific suggestions that were made.
Ambode only said the council resolved that “those suggestions be inputted to whatever it is that the Federal Government is doing in order for us to fast track our recovery.”
But his Jigawa State counterpart, Abubakar Badaru said: “Majorly, there was a very good focus on the diversification of the economy, serious focus on agriculture, solid minerals development as well.”

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