Data released by the Nigerian Bureau of Statistics yesterday shows that Nigeria’s economy is finally out of a recession. GDP growth for Q2 of 2017 grew by 0.55%, halting five quarters of negative growth. As expected, there have been mixed reactions to this. Some have celebrated what they consider a praiseworthy feat which indicates that the government has finally turned the corner on revamping the economy.

Others are however less excited by the developments, and there are two reasons for this thinking: First, the turnaround to positive growth was predicted by many parties – it was expected, given how the negative growth had already caused the economy to contract, providing a low base for growth to start from.

Ttipsy:
go and bcum the finance minister