Nigeria Exits Recession And Looks Beyond Oil

Nigeria’s economy is picking up according to the IMF’s latest economic review.

Growth hit 0.8 percent in 2017 after contracting by 1.6 percent in 2016.

The report attributes the increase—in part—to the recent recovery in oil prices.

But as the country emerges from recession, the IMF’s Amine Mati says following through on planned reforms regardless of oil price swings and upcoming elections, is key to lifting Nigeria’s growth rates to where they should be.

Mati heads the IMF team for Nigeria and oversaw this latest economic assessment.

Listen to what she’s got to say in the audio clip by clicking the link below

Amine Mati On Nigeria’s Exit From Recession.mp3