Stakeholders and economic analysts have expressed optimism on the direction of the Nigerian economy which recently recovered from a recession.BUKOLA IDOWUexamines the basis for the optimism.
Although 2018 started out on an apprehensive note, as the economy swarm in the unstable waters of fuel scarcity, rising violence and political hullabaloo in preparation for the 2019 general elections, economic analysts as well as stakeholders are expressing optimism of a good year economically for Nigeria.
GDP Growth Forecasts
The country which started on the road to recovery from recession in the third quarter of last year is expected to grow its Gross Domestic Product (GDP), which is a barometer of the economy by at least 2.1 per cent by the end of 2018.
According to the forecast of the International Monetary Fund (IMF), the Nigerian economy is expected to grow by 2.1 per cent in 2018 and 1.9 per cent in 2019, while the World Bank foresees a growth of 2.5 per cent. Likewise, international rating agency, Fitch Ratings is expecting the Nigerian economy to record a 2.6 per cent growth in 2018.

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https://leadership.ng/2018/02/04/optimism-marks-nigerias-economic-outlook-2018/?_e_pi_=7%2CPAGE_ID10%2C6201329276