Kemi Adeosun, minister of finance, has said that Nigeria is already on its way out of economic recession.
Adeosun, who spoke in Abuja over the weekend, highlighted steps being taken by the FG to get the country out of the recession.
She said “this government has begun to work on the solutions; the palliatives. We saw this problem coming and even before the problem came we had factored N500 billion into the budget for solutions”.
“I think from the signs we see, Nigeria is going to come out of this and we are going to come out of it stronger,” she said.
“Why do I say this? Because people are focusing now on the things that we need to focus on. There is a huge increase in the production of rice. People are going back to the farms.
“There is need for rice mills and other food processing plants. This is because just growing rice, cassava or cocoa is not where the money is. It is in the processing. So we need to process. We need transport to be able to move the goods. That is why you see that the government is making investments in rails, roads, power and airports.”