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LequteMan
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According to a Vanguard report, Nigeria's economy is getting worse since President Muhammadu Buhari was inaugurated on the 29th of May, 2015.
As President Mo-hammmadu Buhari begins action on his campaign promises one of the key promises, job creation, appears to have become further worsened as a high powered report indicates a sharp drop in that major economic front in the second quarter 2015 (Q2 2015), covering his first month in office.
In the Q2 2015 total number of jobs created in the economy was just 141,368, a massive 70 per cent decline from 469,070 jobs created in the economy in the first quarter 2015 and also 45.5 per cent decline against the position in the corresponding quarter of 2014.
Two of Buhari’s key campaign promises were anti-corruption and job creation which earned him massive voter supports that pull the victory at the pools in March 2015 presidential election.
The President has since inception of his regime on May 29, 2015 embarked on further measures to stem and stifle corruption especially in the oil sector, but no visible action has been taken on job creation and general economic framework.
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As President Mo-hammmadu Buhari begins action on his campaign promises one of the key promises, job creation, appears to have become further worsened as a high powered report indicates a sharp drop in that major economic front in the second quarter 2015 (Q2 2015), covering his first month in office.
In the Q2 2015 total number of jobs created in the economy was just 141,368, a massive 70 per cent decline from 469,070 jobs created in the economy in the first quarter 2015 and also 45.5 per cent decline against the position in the corresponding quarter of 2014.
Two of Buhari’s key campaign promises were anti-corruption and job creation which earned him massive voter supports that pull the victory at the pools in March 2015 presidential election.
The President has since inception of his regime on May 29, 2015 embarked on further measures to stem and stifle corruption especially in the oil sector, but no visible action has been taken on job creation and general economic framework.
click here to read full story
