The World Bank has cut its economic growth forecast for Nigeria and other sub-Saharan Africa countries for this year to 2.7 per cent from an earlier forecast of 3.1 per cent.

The bank said on Wednesday that the cut was mainly because of slower-than-expected growth in the continent’s bigger economies, according to Reuters.

It said the slower pace of the recovery in sub-Saharan Africa was explained by the sluggish expansion in the region’s three largest economies − Nigeria, Angola and South Africa.

The region, which had posted a fairly fast average growth rate in the years leading up to 2015, suffered a loss of momentum in economic output after commodity prices crashed in 2015-16.


Source and more:
World Bank cuts Nigeria, others’ growth forecast to 2.7% http://www.sanwomi.com/2018/10/world-bank-cuts-nigeria-others-growth.html


Lalasticlala
Mynd44
Ishilove
Marpol
Semid4lyfe
Obinoscopy
Seun

Who ask them?



ITK they worry them.... Na dem put us for this yamayama with their self appointed advisory role

bullhari must go!!