Browsing: United Nations Development Programme

“This is encouraging, but given the humanitarian challenges already alluded to, and the economic recession witnessed in 2016, there is an urgent need to design policies and programmes to ensure that the upward trend in human development is not reversed.”

Dr. Adesina noted that recession in Nigeria is due to an estrogenic shock in the sense that the price of oil had gone down, adding that, Nigeria is not the only country in recession but rather all oil exporting countries that depend for the greater share of their revenue in foreign exchange earnings.