This figure released by the International Monetary Fund (IMF)is a reflection of the current global financial meltdown. This is about 50% reduction when compared with the previous figure. This is an indication that the Nigerian Government must take positive action to address the situation. The country's GDP will also be affected and also the standard of living of the whole of Nigerians. The private sector need to be encourage in terms of financial assistant to boost their capacity output that will further increase the national output.