Nigeria’s economic resurgence: Learning from the African experience


THANK you, Mr President, for inviting me as the Guest Speaker on the theme ‘Nigeria’s economic resurgence: Learning from the African experience,’ at this year’s Mid-Term Ministerial Performance Review Retreat. 

As we meet today, the world continues to deal with the effects of the global COVID-19 pandemic. The pandemic has caused so many deaths and upended global economic growth. Due to COVID-19, Nigeria’s economic growth rate declined to -1.8 per cent in 2020. This mirrors the pattern across Africa, as the continent posted a -2.1 per cent growth rate in GDP, its lowest in two decades. The African Development Bank responded rapidly in supporting African countries. We launched a…

Source: Nigerian Tribune