Nigeria will recover from recession in 2017 as experts predicts 0 6 gdp growth
I think there may be some misinformation here.
Nigeria did not recover from recession in 2017, and the country's GDP growth rate was not 0.6%. According to the National Bureau of Statistics (NBS), Nigeria's economy contracted by 1.5% in 2016, and the country officially exited recession in the fourth quarter of 2017.
However, the country's GDP growth rate in 2017 was 0.83%, which is still a relatively low growth rate compared to other countries in the region. The NBS reported that the country's GDP growth rate in 2017 was driven by a recovery in the agricultural sector, which grew by 3.5%, and a growth in the services sector, which grew by 1.3%.
It's worth noting that the International Monetary Fund (IMF) and other international organizations had predicted that Nigeria's economy would recover in 2017, but the country's growth rate was still below expectations. The IMF had projected that Nigeria's GDP growth rate would be around 2.5% in 2017, but the country's actual growth rate was lower than that.
I hope this clears up any confusion. Let me know if you have any other questions!