Advertisements

Nigeria will soon recover from recession – World Bank

The World Bank has said that Nigeria will soon recover from its economic recession.

Eme Essien-Lore, the Country Manager in Nigeria, International Finance Corporation, stated this in Lagos on Thursday.

”In our perspective and with the numbers that we have seen coming from the World Bank and the International Monetary Fund (IMF), Nigeria’s economy has recorded about one per cent real growth.

”That is a bit lower than government’s expectation which is about 2.2 per cent growth for 2017.

“It is a bit modest, but we certainly expect that the economy of Nigeria will rebound and recover from last year’s recession,” she said.

She also said the World Bank was happy that the Federal Government had published its economic plan.

Advertisements

About Delia Innoma

Delia Innoma is a prolific writer, promoter, artist manager with full professional proficiency in English, German and Igbo languages. She studied accounting and computer programming at the Institute of Management and Technology Enugu and Germany respectively. Delia is also a devoted mother of two and she founded the Diamond Celebrities Magazine. Her sense of responsibility and commitment to the Christian faith are essential forces driving her daily activities.

No comments yet... Be the first to leave a reply!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: