Nigeria Senate Leader, Ali Ndume has described the economic recession as a blessing in disguise as the experience would force the nation to look outside the box.
He stated this at a press briefing after Tuesday’s plenary, stressing that the phenomenon was not peculiar to Nigeria alone, but other oil producing countries.
Ndume further noted that the National Assembly has generated ill-feelings from Nigerians on their experiences, which would be used as ingredients for lawmaking with the purpose of getting the country out of the woods.
“We are not insensitive to the feelings of Nigerians their complaints as a result of hardships which would be used to proffer solutions”, he noted
Ndume, however, absolved government officials of any mismanagement of the economy, particularly in this administration, while explaining that honest approach of President Buhari to economic issues was already a good template for the nation in overcoming the crisis in good time.
Nigeria officially went into recession after the statistics by the National Bureau of Statistics released a statement on its website, that the inflation rate for the month of August rose by 0.48 percentage point from 17.13 per cent in July to 17.61 per cent in August.