Tag: 2017 GDP Growth Rate
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Should the 2017 0.8% GDP growth rate induce optimism? By Henry Boyo
By Henry Boyo The National Bureau of Statistics (NBS), reported in March this year, that Nigeria’s annual Gross Domestic output had grown by 0.82 percent by December 2017; this marginal growth rate has nonetheless, been commended generally, as a welcome reversal from the negative -1.58 percent contraction which was recorded by December 2016. Notably, however,…