Kumuyi, Adeosun Says Recession Is Almost Over In Nigeria


Simultaneously, Kumuyi, a Nigerian Cleric and the nation’s Minister of Finance, Adeosun, have said that the economic recession in Nigeria will soon be a thing of the past.

While the cleric is coming from a hope and spiritual point of view, the minister is taking the angle of the analysis and feedback of policies and initiatives patronized to salvage the economy.

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“We all know that we are passing through a tunnel but by the Grace of God, we’re going to get to the light at the end of the tunnel, and very soon the Lord is going to give us a turn around and there is going to be a change in our nation.”

“Other countries also have gone through and come out of recession, and Nigeria is not the first. We strongly believe that God will bring us out as the government and other stakeholders are working on solutions.” – Kumuyi

Pastor Kumuyi said this during the media conference on the anticipated ‘A Day of Supernatural Wonders‘ Deeper Life Abuja mega scheduled to hold on September 30, 2016 at the National Stadium, Abuja.

Pastor William Kumuyi, founder of the Deeper Christian Life Ministry, also advised the government not to be hasty with the option of selling off the national assets.

On the other hand, the Minister of Finance, Kemi Adeosun hands Nigerians hope, saying that the nation is already heading out of recession.


She made this known during a 2-day conference of National Council of Finance and Economic Development (NACOFED) in Abeokuta.

“We are already getting out of recession…”

“The government is investing more in capital than we have ever invested, we are sorting out infrastructures, we are stopping wastage and so the sign of recovery is already there.”

“Agriculture and solid mineral are already starting to grow and so they are responding to our policy initiative and we are expected to continue in that direction.” – Adeosun

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The Minister also requested all State Commissioners of Finance as well as other government officials who handle money to endeavour to take stock, and balance their accounts.

The Minister says this will go a long way in the nation’s managerial strategies as well as fostering transparency in the system.