Economy: Nigeria targets 7% increase in 3 years
Minister of Finance, Kemi Adeosun, has disclosed that the country’s economic outlook for the year 2017 and beyond was positive, saying that the nation is targeting seven percent growth in the next three years.
She stated that the country was now resilient after exiting recession and has the potential to achieve a seven per cent economic growth in the next two to three years.
The Minister gave this assurance at the fourth Ogun State Investors Forum.
Adeosun disclosed that the current administration had succeeded in building macro-economic resilience for the country, particularly revising the funding mix, rebuilding fiscal buffers, enhancing foreign exchange reserves and focusing on import substitution strategies.
Reports by John Felix