Truth be told! "Recession does not start in a day" In most cases, it is like every malaise, it builds over time, and if not halted by deliberate managerial actions, it will become a monster. These were the words of three professors of economics, in Enugu today. In a way, I decided to walk the lane of ambivalence on issues of the administration of Muhammed Buhari, since the heightening of Herdsmen menace across Nigeria. I remain a supporter of President Buhari, but I find it quite absurd that he was like 'oworok'anmi' - wetin consign me' in issues of men who are obviously emboldened by his studied silence to commit more carnage and visit innocent, sleeping, aged and kid Nigerians with the worst of attrocities for mere disagreements over what they do do not even have any reasonable strength of argument. But since the Minister openly stated that Nigeria had gone into recession - I think this was the second time - I chose to approach men and women knowledgeable in economics and national finances. Their verdict was uniform. "Buhari's economic managers have their blames because they ought to know that Nigeria was ripe for recession at the emptying of the national reserve before the last election. "We are not talking about corruption here. We are talking about spending on matters not quite of priority between 2012 and 2015, because the stress signs started even earlier than that. "To be fair to Buhari, his administration acted in halting some spending, but because his economic managers were not fast or strong at impressing new measures, it got out of hand." This Professor of Economics, former Director of Institute of Development Studies of the University of Nigeria, simply waved me away, indicating he was not going to get involved in joining issues with the present generation of national economic managers. He does not want his name in print. He was not alone. His former colleague, now of the Enugu State University of Science and Technology, ESUT, also insists his name must be kept out. "Economic recession is like a very risky stage of an ailment. It is not like an accident. It's signs are unmistakable and starting from the glabal economic meltdown, in 2007, it's signs were clear. When President Yar'Adua decided to cancel some of Obasanjo's projects, we thought the government had learnt of it and was responding adequately. When Jonathan's administration went into spending spree, we were wondering if the points had suddenly been lost. We confirmed that something was wrong when the national reserve was being emptied." He sighed and looked at me in the face and said, "my dear brother, why should peaple cry over the embarrassing weakeness of the national currency when we know there is nothing in the national reserve basket. "Look," he continued, now a bit agitated, "this is not rocket science. It is just like your home. You have the foodstuff known and accessible to members of your family. When it depletes, you get to the barn or store, to restock the household. This barn can be your bank account or something. But it is a thing you readily have to avert embarrassment of your household. But when you jump all the conventions and spend from that barn, not giving a thought to what happens if the household stuff runs dry, you shouldn't be surprised when hunger sets in." His strong words against the Joanthan managers were not spared the present administration. "Yes, the last administration was simply wasteful, but it is strange that the present managers cry over fall in oil prices. But they know that what can serve as Nigeria's foreing reserve has over 20 per cent personal-fortune-content-of-diaspora-Nigerians'-earnings and remittances. But these remittances also ride some social and political factors as security, stability, etc. Is it when the Cattle rearers are driving some Nigerians from basic economic activities as farming and the government is threatening war against some sections of Nigeria that a person in a secure foreign environment would send home his hard earned money?" According to him, "earnings from farm produces as cassava and the like may look negligible to the uninitiated but when in a state of nill-reserve, you begin to value small contributions. In the next five years, many of these cash crops would have gone into extinction due to activities of herdsmen and their cattle. Even the Bible says, 'never you look down on the days of your humble beginning." These economists are sure that Nigerians are in for a very difficult time and the earlier they are told and the proper line of recovery laid, it would get worse and the entire social system would colapse. But what are these ways out? "Hmmmmmmmm," very simple and hard, yelled the old man. "Look for money, either by borrowing, which is mortgaging the future of the younger ones, to build or strengthen the necessary infrastructure to have the system running, even at the most rudimentary state or get foreign capital investment to provide these, as the so called Build, Run and Return, BRR-system. There are many other ways." He was now getting angry: "Does anybody claim ignorance of the overbloated overhead in government? For God's sake, what are those so called senators 'senating' for each of them to earn over N360 million annually? Nigeria does not need more than one senator per state and perhaps, just two House of Reps members from each State. Are we really stupid to take this all these while?" He was soon through with me: "Young man, please do not say I am being rude, you must start." (Meaning I had to leave). I whistled as I strode across his expansive living room (?), which furniture had seen better days, promising to be back soon! He did not respond! So, somebody, by wasteful spending did things that deepened the foundation for a monstrous recession? And somebody is so amateurish to think that it is only by selling crude oil at higher rates that the economy can be fixed. Wow! We are in deep mess! By Igbonekwu Ogazimorah.