Lai Mohammed discloses what FG did to get Nigeria from recession

Lai Mohammed discloses what FG did to get Nigeria from recession

- Lai Mohammed, the minister of information and culture, has reacted to Nigeria’s recent exit from recession

- The minister is pleased with the way the federal government handled the situation

- Nigeria is no longer in recession according to the country's national statistical agency

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Lai Mohammed, the minister of information and culture, said Nigeria’s recent exit from recession was due to some of the programmes implemented by the federal government.

The Cable reported that he made the statement on Saturday, February 20, when he appeared on Sunrise Daily, a Channels TV programme.

We created more jobs, pumped money into the system to help Nigeria exit recession
Lai Mohammed is pleased Nigeria has exited recession. Photo: @FMICNigeria
Source: Twitter

According to him, Nigeria did not exit recession by accident.

The minister disclosed that pumping money into the economy was one of the strategies employed by the government in reviving the economy.

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He said:

“What we did to get out of recession was that we pumped money into the system. How did we do so? We did so by creating jobs.
We did so by three major programmes: the first is the 1000 jobs of public works that was given to each of the local government area (LGAs) and we have 774 LGAs . So, when you have 774,000 young men working on public works, roads, and the economy, it goes a lot to boost the economy of the state.’’

Mohammed said other monetary policies such as giving grants to small businesses and offering bailouts to states helped revive the economy.

Meanwhile, the federal government has said that it would recruit 30,960 graduates as community security officers to implement the policy of the Community Safety and Human Security Programme (CSHSP) in Nigeria.

Daily Trust reported that each of the 774 local governments in the country would have 40 officers.

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Legit.ng gathered that while inaugurating a 17-man committee on CSHSP in Abuja on Monday, February 15, the minister of special duties and inter-government affairs, George Akume, said this was to strategise on ways to reduce crimes and violence in the country.

Kess Ewubare is a senior political/current affairs correspondent at Legit.ng. He has both a BSc and a Master’s degree in mass communication. He has over 10 years of experience in working in several fields of mass communication including radio, TV, newspaper, and online. For Kess, journalism is more than a career, it is a beautiful way of life.

Source: Legit.ng

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