Buhari’s led administration has pilots Nigeria into its second recession in five years after the economy contracted in the third quarter of 2020.
The new report released by the Nigeria Bureau of Statistics today, Saturday, November 21, 2020. Nigeria, most populous black country in the world economy has slipped into another recession.
Recall the same happened in 2016, making it the second recession in a space of four years in the nation.
The nation’s economy maintained a second consecutive negative growth after contracting by 3.62 per cent in the third quarter.
Download here the Q3 2020 GDP report by NBS.