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Nigeria officially out of recession, Presidency reacts

The National Bureau of Statistics (NBS) said Nigeria has exited its worst economic recession in more than two decades, notching up growth of 0.55 per cent in the second quarter of 2017.

In its report released on Tuesday, the data showed that the economic recovery was driven by improved performance of oil, agriculture, manufacturing and trade sectors of the economy.

According to Laolu Akande, spokesperson to Vice President Yemi Osinbajo, the Buhari administration welcomes news of Nigeria’s exit from recession with “cautious optimism and will continue to drive Nigeria’s economic growth by vigorously implementing the Economic Recovery & Growth Plan launched earlier this year by President Muhammadu Buhari.”

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About Don Saint

PR Guru / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Hype man. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. To listen to Don Saint's songs, please visit http://www.reverbnation.com/donsaint For more info. Call : 08033239298, 08056381068. Pin: 2BC176FE

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