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Nigeria 2015 GDP growth projected at 5.5 pct, finance minister says
December 17, 2014 / 12:51 PM / 3 years ago

Nigeria 2015 GDP growth projected at 5.5 pct, finance minister says

ABUJA, Dec 17 (Reuters) - Nigeria’s economy will grow 5.5 percent in 2015, down from an earlier projection of 6.4 percent, due to lower oil revenues, according to the budget the finance minister presented to parliament on Wednesday.

The 4.3 trillion naira budget ($23 billion) rests on a benchmark oil price of $65 a barrel, down from $77.5 in the 2014 budget, Finance Minister Ngozi Okonjo-Iweala said.

Reporting by Camillus Eboh; Writing by Tim Cocks; Editing by Susan Fenton

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