With economic growth of 0.55% in the second quarter of 2017 Nigeria seems headed out of its recession, the worst it has experienced in 25 years. Make no mistake, however. That is only recovery in a technical sense: a recession technically happens when Gross Domestic Product (GDP) growth in an economy is negative for two consecutive quarters
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Political Path to Economic Transformation
With economic growth of 0.55% in the second quarter of 2017 Nigeria seems headed out of its recession, the worst it has experienced in 25 years. Make no mistake, however.
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