Nigeria banks on infrastructure spend to exit recession

by | May 5, 2017 11:14 am

Nigeria’s finance minister says the government’s plans to boost agricultural production and spend billions of dollars upgrading dilapidated infrastructure will help drag Africa’s top oil producer out of recession this year. Low oil prices plunged the West African nation into its worst economic crisis in 25 years with output contracting by 1.5 per cent last…

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