Here are strong indications that the economy may slide back into another round of recession, given the apparent stagnation of government activities and the uncertainties surrounding its policy direction and priorities. It could be recalled that the 2019 presidential election was held on February 23 and the incumbent, President, Muhammadu Buhari, was declared the winner within a couple of days after the election. On May 29, he was formally sworn in as President for his second four-year tenure. However, there are apprehensions that the economy is currently at a standstill following the prolonged absence of ministers to drive government’s policies and programmes. In 2015 when President Buhari was first elected into office, he spent six months before appointing a cabinet, a situation that was largely responsible for plunging Nigeria into a recession the following year. Experts fear that the nation may be headed on a similar path as the President does not seem to be in a hur
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