ANY FANTASTICALLY CORRUPT COUNTRY WILL ENTER RECESSION

An Honourable member representing Furore/Song Federal Constituency of Adamawa State, Hon. Sadiq Ibrahim, has described the current situation of the country, which he emphasized on corruption and insecurity among other things, as being the reason Nigeria is in the current economic state.

During his contribution when debating the possible way to tackle the recent economic dwindling on the floor of the House on Thursday,

Hon. Ibrahim said,

If a country is bedeviled by insecurity – Boko Haram in the North East; militants in the South South; kidnapping in other parts of the country; definitely it will experience economic recession.

If a country is fantastically corrupt, why will it not fall into recession? We need to know what caused the recession so that we don’t give it a wrong diagnosis.