Nigerian economy expected to grow by high number
Pennsylvania Sun
Sunday 5th September, 2010
The Nigerian economy is due to hit double-digit growth by the end of 2011 or early 2012.
The BBC, in an interview with Olusegun Aganga, the country’s finance minister, heard that the Nigerian economy had grown by more than 7% in the first half of this year.
Mr Aganga told his interviewer that the country, which was once known for coups and corruption, now has an ambitious program to build new infrastructure and to privatise the power sector to help growth and bring in overseas investors.
He said: "There’s no week that I don’t see two, three, four major investors from other parts of the world. Brazil, Germany even China, all these other countries. All of them bringing or wanting to come and invest in the country."
Email this story to a friend
Have your say on this story