Economic Outlook: Some Fallout From The Election Build-up

Non-oil economy the driver as before: We project Nigeria’s GDP growth at 6.7% this year on the back of the healthy non-oil economy. While it cannot escape all the global headwinds, we are confident that Nigeria will avoid a fall in its oil price. This should compensate for the loss of significant oil production to leakages. We see growth at 6.8% in 2014.

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