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Ahmed expects Nigeria to exit recession Q1, 2021 with 0.5% GDP contraction

Finance Minister Zainab Ahmed said she expects Nigeria to exit a shallow recession sparked by the coronavirus pandemic by the first quarter (Q1) of next year, if a N2.3 trillion Economic Sustainability Plan (ESP) approved by the Federal Government is strictly implemented. “The National Bureau of Statistics (NBS) has already done an initial assessment that…

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