World Bank Chief Economist Hails Rebasing Of Nigerian Economy

The rebasing of the Nigerian economy which ranked the economy as the largest in Africa with GDP placed at 509.9bn dollars has been hailed by the Chief Economist to the World Bank,African Region,Mr Francisco Ferreira.He declared that with the rebasing,Nigeria would experience an influx of investors as the exercise had exposed sectors were the Nigerian economy recorded dynamic growth.

"Nigeria’s GDP, which placed the country as Africa’s largest economy, has exposed its investment potential to the world,"Mr Ferreira said.