An economic rebound in Nigeria’s economy in the third quarter of this year will be unlikely, central bank governor Godwin Emefiele said on Tuesday in a monetary policy statement.
Nigeria’s economic recovery has generated various opinions recently, the International Monetary Fund (IMF) forecast that Nigeria’s economy would probably contract by 1.8 per cent in 2016.
In response to IMF prediction, An economist, Prof. Ben Aigbokhan, has predicted that Nigeria’s economy would recover from depression as soon as possible with the measures being put in place by President Muhammadu Buhari.
The expert praised the Federal Government for not folding its hands and doing everything possible to improve the living conditions of Nigerians.
(REUTERS)
