Nigeria’s economy has sunk into recession as the nation’s Gross Domestic Product (GDP) dropped to a record low of 2.06 per cent in the second quarter of 2016.
As expected the social media is agog with reactions to the country’s latest financial status.
Finance Minister Kemi Adeosun has also come under fire, over her comments that recession is just a word.
See reactions below;
Recession is a word, says Ms Kemi Adeosun, Min of Finance. A word? Tell that to folks who are dying of hunger!
— The Great Oracle (@am_mood1) September 1, 2016
Recession is just a word. I wonder if there is a finishing school for stupidity and stupid talks where our public officers take lessons. ?
— Esom’s Momma™ (@kontactrita) September 1, 2016
You can’t be on track and be in recession……somebody lied https://t.co/jyoPHYeC8c
— 100% Jesus (@okeyjames) September 1, 2016
Well, we know Recession is not an Algebra. We feel the pangs of the abject impotence of your likes at the helms. pic.twitter.com/0jHwyidAJ8
— SEGA L’éveilleur® (@segalink) September 1, 2016
I see its mainly people 4rm SE lambasting Kemi Adeosun 2day? So they think she caused d recession? Even after NOI blamed poor saving culture
— Dalhat. MD (@dsalahu) September 1, 2016
Our country is now officially in recession.
That is what @MBuhari and his cheerleaders have done to us. May God forgive them.— Femi Olu-Kayode(FFK) (@realFFK) September 1, 2016
Was walking down Sub Saharan Africa this morning when I stumbled over a recession oh.
Onlooker said ‘oya sorry. But it is only a word now.’
— mogwai. (@TheVunderkind) September 1, 2016
According to Mrs Kemi Adeosu, "Recession is just word". A word that made Aero Contractor go out operation. A bad word it is!
— The Future Leader ® (@Future_Leader) September 1, 2016
Ladies & gentlemen
You don’t exit a recession by diversification(whatever we may mean by that)
You exit it by creating a stimulus package
— Tunji Andrews (@TunjiAndrews) September 1, 2016
We can come out of a recession as soon as possible by sticking to the prescription which is, We must be disciplined in our expenditure…
— Kemi Adeosun (@Mrskemiadeosun) August 31, 2016
The economic recession is no longer TECHNICAL, it is now OFFICIAL. Put your cameras away, no more FILM TRICK, and overlords’ PROPAGANDA
— The Great Oracle (@am_mood1) August 31, 2016
Retweeted consigliere (@moyodre1):
Your minster of finance said recession is just a word. pic.twitter.com/FKWe5aaQ7g https://t.co/71yJuLUScl
— JJU (@umohjoe) September 1, 2016
So I was hungry for grilled chicken, got to the joint and they told me a piece is now N800, that’s a 25% increase. Kò ní da fún recession.
— Solomon Ojo (@simply_ay) September 1, 2016
Madam "Recession is just a word" stop speaking English. Do your job. https://t.co/wjbAZgn4qk
— Okenfe Lebarty (@bigkenfNYC) September 1, 2016
PMB I know it’s not ur fault in the recession that has hit us but stop moving against the tide rather create a part in the tide to favour u
— Amanze Maxi (@MaxiAmanze) September 1, 2016
@akaebube d utter stupidity I’ve heard from a Finance Minister is that ‘Recession is just a word’ this clearly shows this govt’s emptiness
— OPPOSITION VOICE (@VoiceOpposition) September 1, 2016
In the light of this recession and terrible economy…we hear little or nothing surprisingly from our finance minister
— αкιηтυη∂є™ (@nurhinoblaze) September 1, 2016
kontactrita : Recession is just a word. I wonder if there is a finishing school for stupidity and stupid talks where our public officers ta…
— Third supply (@3rdsupply) September 1, 2016
With the accent of folks flipping burger abroad, our Finance Minister teaches the lexical meaning of Recession. ?? pic.twitter.com/WEIMrFGYn5
— SEGA L’éveilleur® (@segalink) September 1, 2016
Recession is not just a word. It’s my friends n fam losing their sources of livelihood, it’s low income for those who stl hv a job…
— Olaitan Bakare O.L.A (@OlaitanBakare) September 1, 2016
Kemi Adeosun sef! Such crass insensitivity and stupidity! Recession is just a word…. Damn! Finance minister
— Dr Es (@slkie) September 1, 2016