Nigeria projects GDP growth of 4.2% by 2017 — Finance Minister

Mrs. Kemi Adeosun, Minister of Finance

Mrs. Kemi Adeosun, Minister of Finance

10 February 2016, Lagos—The Federal Government has projected rise in the country’s Gross Domestic Product, GDP, growth to 4.2 percent by 2017.

Minister of Finance, Mrs. Kemi Adeosun, made this projection when she addressed Chief Financial Officers, CFOs, at the just concluded KPMG Professional Services CFO Forum and Survey Launch in Lagos.

In her presentation on the theme; Outlook of the Nigerian Economy, she noted that the country’s GDP for 2015 was the lowest in the last 15 years, at an average of 4 percent. “Nigeria GDP, growth from 2005 to 2010 was at an average of 9 percent, and everybody was trying to announce about Nigeria saying, how fantastically we have been doing with great money in the economy.

– Vanguard

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