Many believed that non-diversification of the nation's economy to agriculture is the cause of recession.
While some say it is because of the looted funds, some it's because of the depreciation of the naira.
But before answering this question you must note that Oil is now improving in the global market.
This question is a question that needs proper reasoning i mean looking critically at the state of the economy before answering.
As for me the writer i think oil isn't the cost but the cause is non-patronization of our local foods thereby making the naira to depreciate in the forex market.
Though i didn't give reasons but you are to give reasons.
So time starts now.