Wilson Erumebor, Senior Economist & Manager at The Nigerian Economic Summit Group
Nigeria's economy grew by 3.46% in the last quarter of 2023, surpassing analysts' expectations of 2.54%. The growth was driven mainly by the oil sector, which saw a remarkable increase in production by over 12% following a three-year slump. Despite this positive development, Nigeria still struggles with significant economic challenges. We turn to Wilson Erumebor, Senior Economist at the Nigerian Economic Summit Group, to delve into this mixed outlook.