• Recession: EU advises Nigeria to devalue naira

    Recession: EU advises Nigeria to devalue naira

    European Union, EU, official Fillippo Amato has advised the Federal Government to devalue the Naira as part of measures to tackle the economic recession.

    Amato, Counsellor, Head of Trade and Economics Section of EU, made this known in an interview with the News Agency of Nigeria (NAN) on Monday

    The EU official said that recession could not be addressed with traditional development tools.

    He said the recession was a recent development which was due to a number of factors, including the fall in […]