By: Tunde Ogunmola

 

Former Vice President, Atiku Abubakar, has reacted to report by the National Bureau of Statistics (NBS), saying Nigeria is out of recession. Abubakar, who expressed joy over the report, however, said recession will end when all “Nigerians can eat three square meals.”

 

In a series of tweets, the astute politician noted that a lot of works still needs to be done.

Atiku wrote: “As a Nigerian, investor and employer of labour, the news of Nigeria’s official emergence from the recession is most welcome. The news is surely a boost for Nigeria. It tells investors, local and foreign, that our economy is worth investing in.

 

While we rejoice, it’s also important to recognize that economic weakness at the bottom of the pyramid remains. Inflation is still high.

 

We must continue working hard to expand economic opportunity for all Nigerians. When all Nigerians can eat three square meals, that’s when the real recession ends. We have work to do,”

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