Nigeria's Economy - New Growth Numbers Stir Controversy

According to the data released by the National Bureau of Statistics, the growth recorded in 2019 represents the highest quarterly growth performance since the 2016 recession. But while being its best performance, the new growth figures however elicited mixed feelings from economists who expressed divergent views on the report, citing the disparity between statistics and actual improvement in living standards.

A commercial tricycle operator operating along Tafawa Balewa Square in Lagos Nigeria (file photo).

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