Impact of Fuel Subsidy Removal: Transport Sector GDP contracts by 50.64% in Q2 2023
Nigeria’s economy recorded a modest growth of 2.51% in the second quarter of 2023, according to the latest data from the National Bureau of Statistics (NBS). This is slightly higher than the 2.38% growth recorded in the first quarter of the year and marks the fourth consecutive quarter of positive growth since the recession of 2020. However, not all …
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