Nigeria's economy won't fall, says Okonjo-Iweala





The Minister of Finance, Dr Ngozi Okonjo-Iweala, on has said regardless of the different difficulties confronting the nation, the economy of Nigeria won't fall.

The Minister, in an announcement on Sunday by her Special Adviser on Communications, Mr Paul Nwabuikwu, said this amid a talk with some telecast writers.

In the announcement, she said the organization of President Goodluck Jonathan had put set up strong financial legacies for the approaching government, noticing that assertions that the economy was in remnants were completely untrue.

She said, "Regardless of the financial difficulties the nation is confronting, the Jonathan organization is abandoning some strong monetary legacies for the approaching Buhari government.

"So the assertions that the economy is in remnants are totally untrue."

"The noteworthy accomplishments in a few divisions confirm this. We can't take away the way that the Jonathan organization disregarding the difficulties brought about by 50 every penny decrease in the cost of oil has had an unmistakable and quantifiable effect in numerous vital territories and any individual who says nothing has been done and nothing is as a rule deserted is by and large extremely out of line to actualities and to history.

"Endeavors to revise history won't stand. You can't simply wipe the slate clean for political reasons. We are not flawless but rather nobody can take away the way that we are deserting some great legacies."

The clergyman additionally prompted lawmakers and supposition pioneers not to talk down the economy on the grounds that negative and unfactual remarks on the economy can have negative effect the economy, the conversion standard and stocks and decreased financial specialist certainty.

She said, "These negative and unconfirmed remarks are not savvy in light of the fact that they can prompt what we don't need for the economy.

"There is nothing the matter with truthful evaluations of the economy; I have dependably educated Nigerians reality regarding the economy. At the same time, clearing and negative articulations are not in light of a legitimate concern for the nation.

"The announcements being made by some identities about the economy falling are not just erroneous they are likewise possibly hazardous."


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