Nigeria Will Exit Recession Soon - Minister of Finance, Zainab Ahmed

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria will be out of the recession soon. Over the weekend, Nigeria slid into its worst economic recession in over three decades. Gross domestic product (GDP) numbers released by the National Bureau of Statistics on Saturday, November 21, indicates the nation recorded a contraction of 3.62 percent in the third quarter of 2020, causing it to slide into another recession. While speaking at the ongoing 26th Nigerian Economic Summit organized by the Nigerian Economic Summit Group and the Federal Ministry of Finance, Budget, and National Planning, on Monday, November 23, the Minister of Finance said the country would emerge from the recession in the fourth quarter of 2020 or by the first quarter of 2021. She blamed the recession on the global Coronavirus pandemic which has forced other economies in other countries into recession. Ahmed said other countries also in recession, including the United Kingdom, the

Diversify Your Earnings! Help Boost The Economy..

Are you in Abuja on Saturday, the 8th of October?

Join us at First Forty’s Hotel from 9.00 am to attend the Jaraja Exports Enlightenment & Training Programme. Meet with other industry stakeholders, including Banks and local commodity associations, etc.

Despite the opportunities in the export sector, many professionals, entrepreneurs and small scale enterprises find the sector,
particularly its processes and procedures, somewhat esoteric and bothersome.
Records show that registered exporters in Nigeria are indeed few, less than 1000 compared to over 200,000 importers.

Our Enlightenment and Training Programme is tailored to improve capacity and knowledge of the export processes, procedures, risks and opportunities in Nigeria. It promises to be comprehensive and informative, offering an in-depth and practical coverage of the export process including but not limited to sources/seasonality of local commodities, marketability, pricing and payment mechanisms, international quality requirements, costs calculations, peculiar business risks, etc.

The Jaraja EE&TP is powered by Jaraja E-Commerce Limited.

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