Abuja — The World Bank has stated that notwithstanding Nigeria's positive economic growth in the third quarter (Q3) of 2017, the country needs to address what it identified as the many fiscal challenges at the different levels of government.
The World Bank's Nigeria Economic Update released Wednesday noted that Nigeria's GDP expanded by 1.4 per cent in the third quarter of 2017 (year-on-year), the second quarter of growth after the recession of 2016, reflecting recovery in oil production, good performance in agriculture, and stronger non-oil industry growth due to the easing of foreign exchange constraints.
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