Vice President, Professor Yemi Osinbajo, has insisted that the country has successfully exited recession.
Osinbajo seemed to be reacting to recent submission by the labour union, under the aegis of Association of Senior Civil Servants of Nigeria, ASCSN, at its National Executive Council, NEC, that Nigeria was still in recession.
Prof. Osinbajo, while speaking at the 27th Biennial Conference of the Nigerian Institute of Quantity Surveyors, NIQS, in Abuja, said, “the economic is on the path of sustainable growth after getting it out of the woods.”
He said one of the most effective strategies government employed to drag the economy out of the woods was massive spending in the construction sector.
Prof. Osinbajo, who was represented by the Minister of State for Works, Power and Housing, Suleiman Hassan, noted “This administration understands very well the critical role the construction industry plays in a nation’s industrial and economic development.
Full tory at Daily Post.
By Ameh Comrade Godwin.
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