LCCI STATEMENT ON NIGERIA’S ECONOMIC GROWTH PERFORMANCE

LCCI STATEMENT ON NIGERIA’S ECONOMIC GROWTH PERFORMANCE

The Nigerian economy has recorded impressive recovery from the recession induced by the COVID-19 pandemic in 2020. The economy has consistently recorded growth rates breaking many analysts’ predictions of expected lower growth rates. However, the economy has continued to struggle with many inhibiting burdens like inflation, weak revenue generation, degenerated infrastructure, forex challenges, unsustainable cost…