Results 1 to 1 of 1
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
09-04-2010, 08:57 PM #1
Nigerian economy 'to grow by 10%'
3 September 2010 Last updated at 19:04 ET
Nigerian economy 'to grow by 10%'
Mr Aganga says countries like Brazil, Germany and China all want to invest in Nigeria Nigeria's economy will hit double-digit growth by the end of 2011 or early 2012, the country's finance minister has told the BBC.
Olusegun Aganga's prediction comes after the Nigerian economy grew by more than 7% in the first half of this year.
Mr Aganga said the government's ambitious programme to build new infrastructure and to privatise the power sector would help growth.
Continue reading the main story
Africa Business ReportMozambique police fire at rioters
Nigeria leader creates 'bad' bank
New Zambezi bridge for Mozambique
China to build Nigerian refinery
He also said investors from all over the world were interested in Nigeria.
BBC World Service's Africa editor Martin Plaut said Nigeria was once a byword for coups and corruption.
But Mr Aganga, a former managing editor at Goldman Sachs, said investors were now pounding at his door.
"There's no week that I don't see two, three, four major investors from other parts of the world. Brazil, Germany even China, all these other countries. All of them bringing or wanting to come and invest in the country," he said.
If the country's infrastructure and privatisation programme is successfully implemented, he said he expects growth of 10% by 2012.
http://www.bbc.co.uk/news/business-11184315NO AMNESTY
Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.
Sign in and post comments here.
Please support our fight against illegal immigration by joining ALIPAC's email alerts here https://eepurl.com/cktGTn
Biden may hand out green cards to 4,000 illegal migrants per year
03-28-2024, 01:54 PM in Videos about Illegal Immigration, refugee programs, globalism, & socialism