After going through economic recession in 2016, Nigeria will experience moderate rebound in 2017, the World Bank has said.
The bank, which stated this in its
report, Africa’s Pulse, anchored the nation’s revival on the Federal
Government’s expansionary budget, expected to begin to yield result only
in 2017 because of slow implementation.
It also hinged its optimism of early
exit from recession on stable oil prices in the international oil market
as well as expected increased production of oil.
