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Nigerian statistician-general says economy on way out of recession

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NIGERIA
Nigeria’s economy, which contracted in 2016, performed better in the first three months of this year than during the previous three quarters on improved oil production and factory output, according to statistician-general Yemi Kale. “From the numbers we are seeing, certainly things are improving, and if the data doesn’t show Nigeria out of recession, it will show Nigeria is on its way out of recession,” Kale, who is also chief executive of Nigeria’s National Bureau of Statistics, said in an interview at his Abuja-based office in late April.
 
 
 
 
 

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