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Nigeria’s GDP records 5% growth for second quarter

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Nigeria’s government Monday unveiled the details of what propelled a strong economic showing resulting in the attainment of Gross Domestic Product of 5.01 in the second quarter of 2021.

The country’s Minister of Finance and Budget Planning, Zainab Ahmed, who presented the economic performance index at a news conference in the nation’s capital Abuja, described the second-quarter GDP as the strongest growth in the economy since 2014.

Giving further breakdown of the actual sector performance during the period, the minister revealed that the services sector recorded a strong performance growing at 9.27% during the quarter representing the fastest growth in the services sector since 2010.

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Nigeria’s GDP records 5% growth for second quarter

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