Democratic Socialist Movement

For Struggle, Solidarity and Socialism in Nigeria

By - DSM

RECESSION OVER BUT ECONOMIC CRISIS AND POVERTY CONTINUE

Working Masses Must Resist Capitalist Attacks and Fight for Socialist Alternative Officially Nigeria has exited recession with an anaemic 0.11 percent growth in the fourth quarter of 2020. This was announced by the National Bureau of Statistics in February 2021. The economy had slipped into its second recession in four years in the third quarter of 2020 following the contraction

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By - DSM

NIGERIA: COVID-19, REPRESSION, RECESSION AND REVOLT

NIGERIA: COVID-19, REPRESSION, RECESSION AND REVOLT A year of turning points (Document agreed by the DSM National Committee Dec 12 – 13, 2020) No doubt, 2020 has been an extremely eventful and unusual year in Nigeria and worldwide. The year started with the tragedy of the COVID-19 pandemic which led to about 5-months lockdown during which hundreds of thousands nearly

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