The recession in the United Kingdom that entered in the latter half of 2023 was slightly less severe than first thought.
Andrew Mamedu, ActionAid Nigeria’s country director, made the call in a statement on Tuesday.
OPEC said this in its March Monthly Oil Market Report (MOMR).
The Dangote Group has restated its commitment to deepening Nigeria’s local content across business sectors.
In the flash report, the rate of change was an increase of 0.1per cent.
The loan scheme is expected to target 45,816 beneficiaries.
According to the report, Africa is set to remain the second-fastest-growing region after Asia.
“Sometimes, in order to rebuild, you have to live with some inconveniences. Our country, Nigeria, is a great and blessed country,” Mr Bagudu stated.
Nigeria’s ambitious revenue targets for 2024 depend heavily on oil prices and reform implementation.
Mr Shettima noted that the total GDP of African countries was barely $3.1 trillion, less than three per cent of the world’s GDP.