ECONOMIC RECESSION : Blame Niger Delta militants for Nigeria woes

Vice-President Yemi Osinbajo has attributed
the current economic recession to the
activities of militants in the Niger Delta.
Osinbajo said there was no way Nigeria would
not be affected, given the fact that the nation
now loses over one million barrels of crude oil
on a daily basis.
The Vice-President said this on Monday at the
maiden meeting of the Presidential Quarterly
Business Forum, with members of the
organised private sector and other
stakeholders at the State House Conference
Centre, Aso Villa, Abuja.
The meeting is part of the Federal
Government’s effort to continually engage
regularly with different segments of the
Nigerian public on its economic policies and
direction.
Osinbajo said, “Perhaps it is important for us
to understand the nature of this recession in
which we have found ourselves. A lot depends
on what sort of recession and how we got
here.
“If we did not have vandalism in the Niger
Delta as we are currently suffering, we will
not have this recession today.
“Moreover, in looking at the solutions, we
should try to focus on the type of problem we
have and what instigated it; then we can
begin to come up with better solutions.”


Source :naijaloaded
Edited by DANIEL IKECHUKWU EKWUNIFE