Recession: Nigeria needs an intellectually competent leader- former presidential aspirant

RealMedia
By RealMedia | Opera News Nigeria
Published 2 days ago - 0 views

After the news of Nigeria sliding into a worst economic recession in 33 years was announced, a former presidential aspirant in the 2019 general elections, Kingsley Moghalu has said Nigeria needs a leader with high intellectual capabilities to manage the country’s economy. The recession which is the second since President Buhari was democratically elected in 2015 was projected as a likely occurrence by the World Bank due to the impact of the coronavirus pandemic and dwindling oil prices.

That projection was confirmed by the National bureau of statistics yesterday, after it announced that the figures of the gross domestic product report for the third quarter of 2020 showed Nigeria’s economy contracted by 3.62 per cent, a figure which happens to be the lowest growth in over three decades.

Kingsley Moghalu

Reacting via his Twitter handle, Mr Moghalu said until the nation elects a competent leader who has sound economic intellect, transforming the nations economy will continue to remain a dream. His quote,

“No surprise Nigeria is entering yet another recession. Until Nigeria is led by an intellectually competent leader, with visionary politics backed by sound economic thinking and knowledge, economic transformation will remain a dream. It's for citizens to do the needful.”

What do you make of Mr Moghalu’s opinion, please share reaction below.

Content created and supplied by: RealMedia (via Opera News )

Tags:      

Buhari Kingsley Moghalu Moghalu National Nigeria

HotTags:

benefits of bitter leaf water custom recruitment 2019 dog breeds in nigeria health benefits of tiger nuts zlatan ibile instagram
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform

YOU MAY LIKE

See What Trump Said That Got Americans Voting Whether He Should Concede Defeat Or Continue His Fight

39 minutes ago

136 🔥

See What Trump Said That Got Americans Voting Whether He Should Concede Defeat Or Continue His Fight

"Report: 6K Fake Biden Votes Found In Arizona “Lead“ Drops To 4K", Lady Claims As Trump Repost.

43 minutes ago

158 🔥

After Poll Results Show 98.9% Of People Say Trump Should Not Concede To Biden, See What Trump Said

48 minutes ago

901 🔥

After Poll Results Show 98.9% Of People Say Trump Should Not Concede To Biden, See What Trump Said

WAEC Impersonation! See What May Happen to Defaulters.

49 minutes ago

13 🔥

WAEC Impersonation! See What May Happen to Defaulters.

"Big News" For Trump As State American Judge Agrees To Hear Evidence Of Illegal Voting

54 minutes ago

340 🔥

Opinion: 2 Things Tinubu Should Do Before 27th of This Month As Oyetola And Aregbesola Clash

58 minutes ago

66 🔥

Opinion: 2 Things Tinubu Should Do Before 27th of This Month As Oyetola And Aregbesola Clash

Good news for Arsenal ahead of tomorrow's Europa league clash.

1 hours ago

91 🔥

Good news for Arsenal ahead of tomorrow's Europa league clash.

Should President Trump Concede to Biden? Check out the Results of Votes Uploaded by Donald Trump

1 hours ago

148 🔥

Should President Trump Concede to Biden? Check out the Results of Votes Uploaded by Donald Trump

Former Vice President Atiku Abubakar At 74, See Lovely Photos Of His Four (4) Wives And Children

1 hours ago

888 🔥

Former Vice President Atiku Abubakar At 74, See Lovely Photos Of His Four (4) Wives And Children

Trump Has Made A Statement Again This Morning On Not Conceding - See What He Said That Saw Reactions

1 hours ago

411 🔥

Trump Has Made A Statement Again This Morning On Not Conceding - See What He Said That Saw Reactions

COMMENTS