Across Nigeria Main News News

Nigeria’s economy still vulnerable to shocks, says FG

The Federal Government has said despite the nation’s recent exit from recession, Nigeria’s economy is still vulnerable to shocks.

The Minister of Budget and National Planning, Udo Udoma, said this while addressing a meeting of the National Economic Council presided over by Vice-President Yemi Osinbajo at the Presidential Villa, Abuja, on Thursday.

According to the highlights of the meeting released by the Senior Special Assistant to the Vice-President on Media and Publicity, Mr. Laolu Akande, the minister noted that unemployment and underemployment remained challenges to the nation’s economy.

Akande said the minister gave the council a breakdown of sectoral performance of the economy, disclosing that agriculture had the highest Gross Domestic Product growth.

Click here to read more.....

About the author


Add Comment

Click here to post a comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe to News Update

Enter your email address to subscribe to this blog and receive notifications of new posts by email.