Nigeria is battling to get out of its present economic recession made obvious when the National Bureau of Statistics released a second quarter Gross Domestic Product (GDP) report. The report showed a contract in the GDP by 2.06% in the second quarter of 2016. According to the report, the decline has caused the Naira to get weaker while lower oil prices dragged the oil sector down. The output shrunk by 0.36 in the first quarter. During the quarter, nominal GDP was 2.73% higher at 23.48 million Naira at basic prices. This growth was lower than the rate recorded in the second quarter of 2015 by 2.44% points. Empowerment Through Agriculture While launching a scheme tagged ‘Barracks Youth Empowerment Through Agriculture (BYETA)’ held at the Air Force Base in Kaduna State, Air Marshal Abubakar said the initiative would empower youths and create jobs. The Air Chief was represented by the Chief of Policy and Plans, Nigerian Air Force headquarters, Air Vice Marshal...
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