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Subsidy In, Subsidy Out; what’s The Future?

Category: Nigeria Economy


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Subsidy In, Subsidy Out; what’s The Future?

Thursday, January 19, 2012 / FDC

 

After a tumultuous start of the year, with a strike in which approximately N1trillion of output was lost, the Nigerian economy is expected to settle down into a solid growth trajectory.

 

The IMF is projecting a GDP growth rate of 7.1% in 2012; S&P has revised the outlook to positive from neutral and Fitch had also revised the outlook to positive.

 

How come this economy that sails close to the wind always seems to recover every time it gets to the brink?

 

This detailed review of the Nigerian economy takes a look at the near term consequences of the “Occupy Ojota” movement and the bright prospects at the end of the tunnel.

 

Read on...

 

 

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While the website is checked for accuracy, we are not liable for any incorrect information included. The details of this publication should not be construed as an investment advice by the author/analyst or the publishers/Proshare. Proshare Limited, its employees and analysts accept no liability for any loss arising from the use of this information. All opinions on this page/site constitute the authors best estimate judgement as of this date and are subject to change without notice. Investors should see the content of this page as one of the factors to consider in making their investment decision. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions. This article is published with the consent of the author(s) for circulation to the online investment community in accordance with the terms of usage. Further enquiries should be directed to the author whose e-mail is Financial Derivatives Company Limited [Email: mercy_ogah@fdc-ng.com] otherwise comments should be sent to info@proshareng.com

 



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