Insecurity affecting the GDP of Nigeria
Insecurity affecting the GDP of Nigeria. That is an open truth in the nation: "Nigeria’s latest impressive economic growth would have been better if the country had been more secure, the finance minister, Zainab Ahmed, has said. Mrs Ahmed said save for the country’s spate of insecurity that has affected growth in agriculture, the gross domestic product was bound to grow higher than 5.01 per cent recorded in the second quarter, as announced last week by the National Bureau of Statistics. The quarterly economic growth was the strongest in years."
“The 2021 second-quarter growth reflects better economic performance compared to the same quarter last year. The same quarter last year we had negative growth of -6.10 per cent. It is also better than the first quarter of 2021,” Mrs Ahmed told journalists at a press briefing where she reviewed the latest results from the NBS.