Insurgency expected to slow GDP growth by 0.5 percent

by | July 1, 2014 5:23 pm

Terrorist acts in Northern Nigeria will slow the country’s economy this year,  knocking half a percentage point off growth like last year, Ngozi Okonjo-Iweala, the Minister of Finance, said on Tuesday. Okonjo-Iweala that her 6.75 percent 2014 growth forecast took this into account. “We are expecting about 6.75 (percent growth in 2014) and we have accounted…

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