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Topic: COVID-19 pushes Nigeria’s GDP down by 6.10% in Q2 2020   (Read 1061 times)

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COVID-19 pushes Nigeria’s GDP down by 6.10% in Q2 2020 
« on: August 24, 2020, 01:01:10 PM »
COVID-19 pushes Nigeria’s GDP down by 6.10% in Q2 2020 

By Emmanuel Elebeke The National Bureau of Statistics, NBS, says Nigeria’s Gross Domestic Product (GDP) decreased by –6.10%(year-on-year) in real terms in the second  quarter of 2020. The decrease it said ended the 3-year trend of low but positive real growth rates recorded since the 2016/17  recession. The decline was largely attributable to significantly lower
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