BREAKING: Foreign Magazine Condemns Buhari’s 1st Term
This was made known According to the Economist reports, Nigerians became poorer during the first term of President Muhammadu Buhari-led administration
In a review of Buhari’s first four years which was displayed on its website on Thursday, the magazine noted that while the Nigerian economy was “stuck like a stranded truck,” average incomes fell during the four-year period covering 2015 to 2019.
According to the publication, the average income of Nigerians will not rise for at least another six years based on the thinking of the International Monetary Fund (IMF).
The Economist stated that “The Nigerian economy is stuck like a stranded truck. Average incomes have been falling for four years; the IMF thinks they will not rise for at least another six (years).
“The latest figures put unemployment at 23 per cent, after growing for 15 consecutive quarters.
“Some 94 million people live on less than $1.90 a day, more than in any other country, and the number is swelling.
Economist gives more details Click HERE for MORE
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