Economy

Nigeria has experienced its second recession in the five years of the present administration's existence, as the economy continues to shrink right into the third quarter of the year.
Confronted with diminishing sources of revenue, Government now tinkers with the idea of making use of funds, local investors intend to collect in form of dividends from private companies.
Of worry, however, is the fact that Nigeria would soon resume the importation of refined crude oil from the Niger Republic, a non-oil producing country, while the $2 billion private sector-driven petroleum refinery sited in Mashi, Katsina State is facilitated by the Niger Republic, for obvious reasons. This refinery shall be ready by 2021.
The recession which has been described as the worst in the last 36 years, might have been partly caused by the self-serving interests of political office holders, rather than the interest of the people.

Nigerians have been called upon to trust and put their hopes in  God for the solution to people's unfriendly policies of the present administration in the country.

This call was made by Pastor Opeyemi Ajayi in a chat with Federationews2day.

''Nigerians should put their trust in God for the solution to the increase in electricity tariffs and the pump price of Premium Motor Spirit(PMS). Nigerians should hope in God. The increase is a bad omen for Nigeria. Everybody should look up to God for divine intervention in the present precarious situation. The government should ease the heavy burden it has placed on the people. Cost of living is now extraordinarily high'',  Pastor Ajayi noted.

Nigerians have been called upon to put their hopes in God for the solution to their sufferings.

This call was made by Pastor Opeymei Ajayi in a chat with Federationews2day.

''These days things have gone wrong. There is hardship everywhere. Families are increasingly finding it difficult to feed. Nigerians should look up to God, to alleviate their sufferings. Nigerians should call upon God to see us through. When Nigerians put their hopes in God, the myriad of challenges  confronting the country shall have solutions. Both the leaders and followers should call on God to intervene. When there is hope there is life'', Pastor Ajayi stated.