Nigeria’s economy not in a mess – Former British Council boss

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Former British Council Director in Abuja, David Roberts, has stated that Nigeria's economy, which recorded a 3.46% GDP growth in Quarter 4, cannot be said to be in a mess.
The Special Adviser Information and Strategy to the President, Bayo Ononuga, shared this on his X handle on Monday, March 4.
It reads in part: “Former British Council Director in Abuja, David Roberts, said Nigeria's economy posted a GDP growth of 3.46% in Quarter 4, cannot be said to be in a mess.
“I lived and worked in Nigeria for many years as a British diplomat, and one of the issues that most disturbed me was the sustenance of the fuel subsidy regime.
“Why would a country with a severe infrastructural deficit invest more money on a wasteful expenditure such as cheap petrol, instead of building schools, hospitals, dams and a national railway system? It is evident that it had to go.
“We joined the World Bank and the International Monetary Fund in saying as much to the Nigerian government. And at long last, it is gone.
“And everything we said that would happen after it goes is happening. Nigeria’s GDP is growing at 3.46 per cent, while Europe is on the edge of recession.”

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