Nigeria's Gross Domestic Product is projected to grow at 2.01% in 2021 which signals an expected return to growth and stability from the current recession.

The Governor of the Central Bank of Nigeria Mr Godwin Emefiele disclosed this as the guest speaker at the 55^th Annual Bankers dinner of the Chartered Institute of Bankers In Nigeria, CIBN.

Mr Emefiele informed the stakeholders that the interventions of the CBN supporting households, MSMEs and the growth of the Non-Oil sector will be critical to leading Nigeria through the recession, which he projected Q1,2021 for the nation to exit the economic downturn.

He assured stakeholders that the monetary and fiscal authorities were committed to ensuring Nigeria's economic growth and stability.

Watch Video Courtesy WebTV NG

Related News

1.      CBN Governor Says Economy Could Emerge from Recession by Q1 2021

2.     Nigeria Slips into Recession; Real GDP Contracts by -3.62% in Q3 2020

3.     Nigeria's Recession Bust: GDP Does A Bungee Jump, Reverses To -3.62%

4.     Second Recession in 5 Years: Urgent Need for Robust Fiscal and Investment Policies

5.     2020 Recession: Fiscal And Monetary Policies Should Support Productivity In Nigeria - Segun Ajibola

6.     Recession: Nigeria's Economic Crisis Requires a Political Solution

Related Videos

1.      October 2020 Inflation: Implications for Nigerian Economy

2.     Monetary & Fiscal Policy Alignment Will Be Critical to Nigeria's Recovery from Recession - Prof. Segun Ajibola

3.     #NES26: The Path To Recovery for Nigeria (Part 1)

4.     #NES26: The Path to Recovery for Nigeria (Part 2)