VOICED : Nigerias Buhari tries to woo investment as recession bites

The video discusses the economic challenges in Lagos due to the devaluation of the naira and inflation, affecting the construction industry. It highlights Nigeria's recession caused by falling oil prices and militant attacks in the Niger Delta. The economic struggles of market traders and consumers are also covered. Despite these challenges, there is positive news with the release of 21 Chibok schoolgirls, and hopes for economic recovery as President Buhari seeks foreign investments in Germany.

What is one of the main reasons the construction industry in Lagos is struggling?

• Lack of skilled labor

• Shortage of construction projects

• Devaluation of the naira

• Excessive government regulations

What event officially marked Nigeria's entry into a recession?

• Increase in inflation rates

• Fall in global oil prices

• Rise in construction costs

• Devaluation of the naira

How have militant attacks in the Niger Delta affected Nigeria's economy?

• They have increased foreign investments.

• They have improved the construction industry.

• They have led to a decrease in oil production.

• They have reduced inflation rates.

What recent positive news has given hope to Nigerians?

• Discovery of new oil reserves

• Release of 21 Chibok schoolgirls

• Decrease in inflation rates

• Increase in construction projects

What is President Buhari's goal during his visit to Germany?

• To promote Nigerian culture

• To attract foreign investments

• To negotiate peace with militants

• To sign a trade agreement