The Presidency on Wednesday reacted to the latest economic growth figures released by the National Bureau of Statistics, NBS.
The agency, however, stated that the country has consistently improved positive real growth rates recorded since the 2016/17 recession. Adesina said though the country may feel the effect of the lockdown in the third and fourth quarter, the monetary palliatives of the government would help cushion such effect.The statement reads partly: “The National Bureau of Statistics published on Monday, August 24, 2020, the 2nd Quarter 2020 Gross Domestic Product estimates, which measures economic growth.
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