Friday 12 February 2016

Nigeria Projects 4.2% GDP Growth By 2017

The Federal Government has projected 4.2 per cent growth in the country’s Gross Domestic Product, (GDP), by 2017.

Minister of Finance, Mrs. Kemi Adeosun, made this projection when she addressed Chief Financial Officers, (CFOs), at the just concluded KPMG Professional Services CFO Forum and Survey Launch held in Lagos.

Mrs Adeosun speaking in her presentation on the theme: Outlook of the Nigerian Economy, noted that the country’s GDP for 2015 was the lowest in the last 15 years, at an average of 4 per cent.

“Nigeria GDP, growth from 2005 to 2010 was at an average of 9 per cent, and everybody was trying to announce about Nigeria saying, how fantastically we have been doing with great money in the economy,” she added.

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