0


The Minister of Information and Culture, Alhaji Lai Mohammed, assured on Friday that standard of living of Nigerians would improve as the country exited recession.


The minister gave the assurance in Abuja when he received Broadcast Media Editors in his office.

He urged well-meaning Nigerians not to listen to pessimists, who were downplaying the significance of exiting recession and classifying it as mere statistics.

He said people should not be worried why getting out of recession had not led to immediate reduction in food prices.

The minister explained that “an economy that is just coming out of recession is like a man who is just recovering from an illness.

“It takes a little time for him to start doing the ‘big’ things he used to do prior to falling sick. He has to fully recover,” he stated.

Mohammed said the present administration would sustain and build on what it did to get the economy out of recession through sustained policy interventions in various sectors.

Specifically, he said the government would continue to stimulate local production of staples, using initiatives like the Anchor Borrowers’ Programme and the Presidential Initiative on Fertilizer.

NAN



Post a Comment

Trending News

 
Top