Already coming recession kemi adeosun

You're referring to the statement made by Kemi Adeosun, the former Minister of Finance in Nigeria, about the country already being in a recession.

In 2016, Adeosun said that Nigeria was already in a recession, despite the government's efforts to deny it. She made this statement during a meeting with the National Assembly's Committee on Finance, where she presented the 2016 budget.

At the time, the Nigerian economy was facing significant challenges, including a decline in oil prices, a drop in oil production, and a rise in inflation. The country's GDP had also contracted by 2.1% in the second quarter of 2016, which was the first recession in over two decades.

Adeosun's statement was seen as a candid acknowledgment of the country's economic challenges, and it sparked a debate about the government's handling of the economy. Some critics accused the government of downplaying the severity of the recession, while others praised Adeosun for her honesty.

It's worth noting that the Nigerian government later officially declared a recession in June 2016, after the National Bureau of Statistics (NBS) released data showing that the country's GDP had contracted by 2.06% in the first quarter of that year.