THE Federal Government, on Monday, hailed the economic growth recorded in the third quarter of the year, as agriculture and mining continued to maintain steady growth. “Agricultural growth was 3.06% in the third quarter of 2017, maintaining the positive growth of the sector even when there was a slow-down in the rest of the economy. “The industrial sector grew at 8.83% mostly due to mining and quarrying. The oil sector grew very strongly as forecast in the ERGP and partly as a result of the policy actions in the plan to restore growth in the sector. As inflation trends downwards, and with steady implementation of the ERGP, real growth should soon be realised across all sectors in a mutually reinforcing manner”, he explained.

Source: Nigerian Tribune November 20, 2017 17:26 UTC