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Nigeria slips into recession Due To COVID-19,Oil Prices?

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CUSTOMSGATE: $3 BILLION PROJECT RUNS INTO DISPUTE

Interestingly, Nigeria has slipped into a recession after its gross domestic product contracted for the second consecutive quarter, according to official data released.

 

 

Nigeria slips into recession Due To COVID-19,Oil Prices?

 

Africa’s biggest economy is in recession for the first time since 2016. The recession four years ago was its first in a generation, and the country emerged from it the following year.

 

Nigeria slips into recession Due To COVID-19,Oil Prices?

However, growth has been fragile and COVID-19 has hit the economy hard, amid low oil prices.

The continent’s top oil producer and exporter relies on crude sales for 90 percent of foreign exchange earnings.

 

 

Nigeria normally accounts for an average output of two million barrels per day. But the effects of the pandemic and low oil prices have cut production to approximately 1.4 million barrels.

 

 

 

“Q3 2020 Real GDP contracted for second consecutive quarter by -3.62 percent,” Yemi Kale, the statistician general, said on Twitter on Saturday.

 

 

Oil sector hit hard

The oil sector contracted by 13.89 percent in the third quarter against growth of 6.49 percent in the same period a year earlier, according to data cited by Kale, while non-oil sectors shrank by 2.51 percent in the three months to September.

Following Nigeria’s first confirmed COVID-19 case in late February, lockdowns were imposed from late March until early May in the main cities – economic hub Lagos and the capital, Abuja.

Lockdowns were also imposed in some of the country’s other states and a ban was placed on interstate travel.

“The performance of the economy in Q3 2020 reflected residual effects of the restrictions to movement and economic activity implemented across the country in early Q2 in response to the COVID-19 pandemic,” the statistics office said in a report published on Saturday.

“As these restrictions were lifted, businesses reopened and international travel and trading activities resumed, some economic activities have returned to positive growth,” it said

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IGP Closes PMF Commanders’ Training, Pledges Better Welfare, Tactical Capacity

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IGP Closes PMF Commanders’ Training, Pledges Better Welfare, Tactical Capacity

 

The Inspector-General of Police, IGP Olatunji Rilwan Disu, on Wednesday closed a Squadron Commanders’ Training Programme at the Police Mobile Force (PMF) Training College in Ende-Hills, Nasarawa State, vowing to strengthen leadership and operational effectiveness across the force.

At the ceremony, the IGP inspected training facilities including the simulation ground and shooting range, where he personally took part in tactical exercises. He told cadets of the Nigeria Police Academy undergoing training at the college to remain disciplined and focused, stressing that their effectiveness on the field would depend on the quality of their training.

“Resilience, professionalism, and strict adherence to human rights principles must guide your conduct,” Disu said.

Addressing the graduating squadron commanders, he urged them to apply their newly acquired skills in leadership, operational discipline, and tactical efficiency. He described the PMF as a “highly disciplined, responsive, and reliable tactical arm” of the Nigeria Police Force.

The IGP further reaffirmed his commitment to improving officers’ welfare and boosting operational capacity, assuring that formations would be adequately equipped to tackle evolving security challenges nationwide.

 

IGP Closes PMF Commanders’ Training, Pledges Better Welfare, Tactical Capacity

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Oyo 2027: Ajadi Secures Oke-Ogun PDP Backing, Holds Closed-Door Talks with Samuel Adejumobi (Agbarapo)

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Oyo 2027: Ajadi Secures Oke-Ogun PDP Backing, Holds Closed-Door Talks with Samuel Adejumobi (Agbarapo)

 

Stakeholders of the Peoples Democratic Party (PDP) in the Oke-Ogun zone of Oyo State on Tuesday received a leading governorship aspirant, Olufemi Ajadi Oguntoyinbo, in Saki, pledging political backing for his ambition ahead of the party’s primaries.

 

The stakeholders’ meeting, held at Saki City Hall, drew party leaders, community figures, and grassroots mobilisers from across the zone, reflecting the growing momentum surrounding Ajadi’s consultations across the state.

 

Addressing party faithful, Ajadi reiterated his commitment to building on the achievements of the current administration led by Governor Seyi Makinde, noting that continuity and expansion of ongoing projects would form the cornerstone of his policy direction.

 

“I will leverage the developmental strides of the present administration and ensure that their impact is extended to more communities across the state. Governance must be progressive, not disruptive,” Ajadi stated.

 

He outlined key areas of focus, including workers’ welfare and pension administration, promising a disciplined financial structure that guarantees prompt salary payments.

 

“Our workers deserve dignity and certainty. Salaries will be paid on or before the 25th of every month, and our retirees will receive improved attention. A government that neglects its workforce cannot deliver sustainable development,” he added.

 

Ajadi also disclosed plans for extensive grassroots engagement across all 33 local government areas of the state, aimed at identifying peculiar needs and integrating them into policy formulation.

 

“This is not just about ambition; it is about understanding the people. I will be embarking on a statewide tour to listen, learn, and design policies that reflect the realities at the grassroots,” he said.

 

Party leaders and stakeholders from Saki West and the wider Oke-Ogun zone pledged their support for Ajadi, citing his accessibility, philanthropic engagements, and perceived capacity to lead the state. Among those who spoke were Alhaji Rasak Aderele (popularly known as Super), Adeleke Thomas (Baba Elepo), and Hon. Coach Kehinde Adetola, who described him as a unifying figure capable of strengthening the PDP’s electoral chances.

 

Addressing concerns about internal party dynamics, Ajadi reaffirmed his loyalty to the PDP, dismissing speculation about a possible defection.

 

“I remain committed to the PDP. This is my party, and I believe in its vision. My focus is on securing the mandate of our members through consultations and consensus-building,” he said.

 

Shortly after the stakeholders’ engagement, Ajadi proceeded to a closed-door strategic meeting with a fellow PDP gubernatorial aspirant, Samuel Ademola Adejumobi, popularly known as “Agbarapo.”

 

Adejumobi, a prominent political figure from Atisbo Local Government Area in the Oke-Ogun zone, is a former Majority Leader of the Oyo State House of Assembly and currently serves as Special Adviser on Legislative Matters to Governor Makinde. The meeting, held indoors away from the larger gathering, was seen as part of ongoing consultations and alignment efforts among aspirants within the party.

 

Observers note that such high-level engagements signal a strategic attempt to foster unity and strengthen internal cohesion ahead of the PDP governorship primaries.

 

With growing grassroots support and intensified consultations across Oke-Ogun and beyond, Ajadi’s political activities continue to gather pace, positioning him as a formidable contender in the race for the party’s ticket.

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Four Times Primate Ayodele Warned About Resurfacing Of Covid-19 In Nigeria (VIDEOS)

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W’ Cup Qualifiers: How Super Eagles Coach Ruined Nigeria’s Chances by Ignoring Primate Ayodele’s Warnings* By Adedayo Olumide

Four Times Primate Ayodele Warned About Resurfacing Of Covid-19 In Nigeria (VIDEOS)

 

Nigerians have been gripped by fear since the report of the COVID-19 variant in Cross River.

The Cross River State Ministry of Health has begun profiling and tracing individuals in the state who have been in contact with a Chinese national admitted after testing positive for the COVID-19 virus.

Not many people expected this to happen in Nigeria, because since 2020 when the global pandemic happened, there hasn’t been a single case of the virus in the country until yesterday, about five years later.

However, despite the fact that Nigeria was declared Covid-19 free, popular Nigerian prophet, Primate Elijah Ayodele, warned about three times that he foresees the virus coming back to Nigeria.

In his first prophecy regarding it, he warned that Nigerians should not pray to see Lassa fever and Covid-19 coming back in some areas.

“Let’s pray so that we don’t see Lassa Fever again. Let’s pray so that Covid will not come back in some areas”

https://vt.tiktok.com/ZS9dYjCMS/

This wasn’t given attention by many because it felt Nigeria has been immune to the virus. Everyone went about their business as usual, and in the midst of all that, Primate Ayodele warned intensely again.

“Let’s watch this for the World Health Organization, I see airborne disease, Covid in another dimension that can cause cough, cold, air disease, it’s a warning and that’s what the Lord said.”

https://vt.tiktok.com/ZS9dj5UL5/

This time, he specifically called out the World Health Organization about re-occurrence of Covid; and gave directions regarding how it would happen. He also emphasized that it was what the Lord said, but how many people actually listen?

Again, during a church service, Primate Ayodele warned that Covid is coming and will happen in a different way compared to the previous one. He made it known that the way of contacting it will be different from the previous one.

“Also, Covid is coming, but the way it’s going to come will be different from the way we experienced it that time. The process of contacting it will be different from the previous one.”

https://vt.tiktok.com/ZS9djao7v/

https://vt.tiktok.com/ZS9djao7v/
Likewise, in his annual prophecy book titled Warnings to the Nations, Primate Ayodele warned that another round of COVID is coming. This book was released in July 2025.

“Another round of COVID will come up, and another disease epidemic. I foresee that a lot of money will be spent, and they will face some challenges in getting things right. The workers of this Body will be attacked, and there will be changes in leadership” (Page 36)

All of these have fulfilled the prophecies of Primate Ayodele. Beyond the prophecy fulfilment, this is a call to relevant authorities to always listen when God is warning them about anything through his prophet.

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