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Nigeria Predicts ‘Steady Economic Growth’

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From Business Day Live

Nigeria’s economy is set to grow 6.75 percent this year, even though oil theft has cut official output by 400,000 barrels a day and political turmoil is intensifying ahead of 2015 elections, its finance minister says.

Africa’s second-biggest economy is drawing increasing foreign investment, but investors are wary of the violence and rampant spending on patronage that often happens during election cycles.

Read more atBusiness Day Live

The post Nigeria Predicts ‘Steady Economic Growth’ appeared first on AFKInsider.


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