Minister of Information and Culture , Lai Mohammed, has assured that standards of living of Nigerians will improve as the country exited recession . The minister gave the assurance on Friday in Abuja when he received Broadcast Media Editors in his office . He urged well-meaning Nigerians not to listen to pessimists who he accused of downplaying the significance of exiting recession and classifying it as mere statistics. He said people should not be worried about why getting out of recession had not led to an immediate reduction in food prices. The minister explained that “ an economy that is just coming out of recession is like a man who is just recovering from an illness. “ It takes a little time for him to start doing the ‘ big ’ things he used to do prior to falling sick . He has to fully recover . ” He said the present administration would sustain and build on what it did to get the economy out of recession through sustained policy interventions in various sectors. Specifically , he said the government would continue to stimulate local production of staples, using initiatives like the Anchor Borrowers Programme and the Presidential Initiative on Fertiliser . Mohammed also disclosed that the government would continue the efforts to ensure that inflation rate is further brought down Minister Of Information And Culture,Lai Mohammed Says The Standard Of Living Will Increase With Recession Out By Unknown Friday, September 8, 2017 Share Tweet Share Share Email Minister of Information and Culture , Lai Mohammed, has assured that standards of living of Nigerians will improve as the country exited recession . The minister gave the assurance on Friday in Abuja when he received Broadcast Media Editors in his office . He urged well-meaning Nigerians not to listen to pessimists who he accused of downplaying the significance of exiting recession and classifying it as mere statistics. He said people should not be worried about why getting out of recession had not led to an immediate reduction in food prices. The minister explained that “ an economy that is just coming out of recession is like a man who is just recovering from an illness. “ It takes a little time for him to start doing the ‘ big ’ things he used to do prior to falling sick . He has to fully recover . ” He said the present administration would sustain and build on what it did to get the economy out of recession through sustained policy interventions in various sectors. Specifically , he said the government would continue to stimulate local production of staples, using initiatives like the Anchor Borrowers Programme and the Presidential Initiative on Fertiliser . Mohammed also disclosed that the government would continue the efforts to ensure that inflation rate is further brought down No comments Comment Here
