GDP: Nigeria’s economy to end 2021 at 2.5% growth rate – LCCI

The Lagos Chamber of Commerce and Industry (LCCI) forecasts that Nigeria’s economy will end its current growth rate for the year at 2.5%.

This was disclosed by Mrs Toki Mabogunje, President, LCCI, at the 133rd Annual General Meeting (AGM) of the chamber on Thursday in Lagos, according to the News Agency of Nigeria.

The LCCI chief urged that Nigeria’s fiscal and monetary sides of the economy should promote growth-enhancing and confidence-building policies that would encourage private capital flows to the economy to achieve the growth, and also a medium-term recovery plan anchored on local productivity, ease of business, attracting private investment, and developing physical and soft infrastructure.

By William Ukpe

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