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IMF: Nigeria Projected To Be Out of Recession By 2017

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The effect of economic recession on Nigerians is no longer news. The state of the economy is not a subject we like to talk about, prices of goods and services go up weekly at the rate they would have every three years.

If the latest World Economic Outlook(October 2016) from the International Monetary Fund(IMF) turns out to be accurate, Nigeria’s economy is projected to be “out of the woods” come 2017, with an expected growth of 0.6%.

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