Iweala: Ebola, Boko haram won’t affect economic growth
Nigeria’s coordinating minister for the economy and minister of finance, Ngozi Okonjo-Iweala, has disregard fears that Boko haram insurgency and the current Ebola outbreak in West Africa would affect the country’s economic growth in 2014.
Nigeria had recently predicted a 6.5 per cent growth for the year 2014.
Iweala said the forecast had already discounted the impact from the Boko Haram insurgency, while the Ebola is “not a big problem in Nigeria” because it has been contained.
Iweala said while there were slightly more than 300 people under surveillance, there were currently no cases of Ebola in the country.
“We don’t think the impact economically is yet significant…since we have no cases, the news will go out and I think business will begin to come back,” Okonjo-Iweala told Reuters.
“We are confident it will be better than 6 percent and about 6.5,” she said.
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