With all the huge economic uncertainty being felt all around by businesses and the inability of Nigeria to generate enough resources to fund it’s expenditure.
A research analyst, Nabila Mohammed, has predicted that economic activities could pick up, even though slowly, and grow above the 3% projected by the International Monetary Fund (IMF).
If the country will put certain things in place to help boost the economy.
According to Mohammed, agriculture is one sector that has consistently contributed positively to the GDP but is now faced with many challenges.
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he believes that this will move up economically, if the government will develop infrastructure, resolve the issues of the road network a d adequately respond or manage the flooding situations that affects farmers.
Also, she predicted that with the consistent 50% contribution of services, as a sector to the GDP, there is hope of growth for the economy by the end of year 2023.
Mohammed did not forget to include that the Dangote refinery will contribute to economic activities through export.
According to her, this will help Nigeria generate some good revenue.
