We are coming out of recession – Adeosun

Finance Minister, Mrs. Kemi Adeosun, has claimed that Nigeria was already walking out of the economic recession.

She said the development came following some positive measures the Federal Government had taken.

Mrs. Adeosun added that the recovery plan was to invest more in infrastructure and stop wastage in governance.

The Minister, in an interview with newsmen after the closing ceremony of the 2016 National Council of Finance and Economic Development (NACOFED) conference in Abeokuta, the Ogun State capital, noted that the economic recovery process would be driven from the local, state and the Federal Government levels.

“We are investing more in capital expenditure than we have ever invested. We are sorting out infrastructure; we are stopping wastage and so the sign of recovery is already there.

“We are already getting out of recession because of the actions the Federal Government is taking. If you are in a problem, the day you start to step towards progression, you are already getting out of it; we are getting out of it.

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