Rochas Okorocha says Nigerians are hyping the recession

While playing host to a Nigerian Defence Academy delegation, Imo state governor, Rochas Okorocha said Nigerians were dramatizing the country's economic situation.

“I think what we call recession has been over dramatised. I say so because agriculture had remained the nation’s main pivot upon which all the sectors of our economy revolve. Because this vital sector has been neglected, it has given rise to poverty today, including the rise in the Dollar and the fall of the Naira”.

Most times in Nigeria, we treat the symptoms rather than the disease. Let us discuss more about the disease, which is the total neglect of the agricultural sector of the nation’s economy by our past leaders”.

The governor recalled that agriculture sustained the nation before the discovery of oil.

“At that time, we were a rich nation. Oil made us lazy. This led us into this recession. Imo State is keying into the revitalization of the agric sector. We have gone deep in our palm plantation and we are moving speedily into rice farming” he said.