Fashola recession started 3 years ago under pdp
I think there may be some misinformation here.
The Fashola recession refers to the economic downturn that occurred in Nigeria during the administration of President Muhammadu Buhari, specifically from 2016 to 2017. The term "Fashola recession" was coined because the then-Minister of Works, Power, and Housing, Babatunde Fashola, was accused of contributing to the economic crisis through his policies.
However, it's important to note that the economic crisis in Nigeria predates the Fashola administration. The country had been experiencing economic challenges since the 1990s, and the situation worsened in the early 2010s due to a combination of factors such as declining oil prices, corruption, and mismanagement of the economy.
The current President, Muhammadu Buhari, took office in 2015, and the economic crisis was already in progress. The recession officially began in the second quarter of 2016, according to the National Bureau of Statistics (NBS).
It's important to separate facts from fiction and not attribute the economic crisis to a single individual or administration. The causes of the recession were complex and multifaceted, and it's essential to have a nuanced understanding of the issues to develop effective solutions.
In any case, the PDP (Peoples Democratic Party) was the ruling party in Nigeria from 1999 to 2015, and the economic crisis predates the current administration.