ABSTRACT

This research presents the results of the effect of recession on Nigeria economy. The population for the study consists of 40 people which were randomly selected, Data were gathered using a self -constructed questionnaire and the result gotten was analyzed using the simple percentage method.  The validity and reliability of instrument were ascertained. Data analyzed from the research shows that there economic recession has a very negative effects on Nigeria economy, the presidency is one of the main cause of economic recession in Nigeria, data gotten from the people showed that he main some decisions very late like the selection of cabinet’s members, therefore this study recommends that in order to make economic progress, Nigeria must change the structure of the economy and move away from oil to agriculture, value added entrepreneurship, chemicals, pharmaceutical industry, develop the iron and steel industry, revamp the machine tools industry for local fabrication of industrial tools. This will change the structure of the economy to a path of sustainable growth also the provision of infrastructure, qualitative education, affordable health care, constant power supply and human capital development are recommended.