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Nigeria's budget minister expects economic growth by end of year

ABUJA (Reuters) - Nigeria’s economy is likely to be growing at a rate of about 3.3 to 3.5 percent by the end of this year, the budget minister said on Thursday.

Udoma Udo Udoma made the comments at a news conference after a meeting of the National Economic Council, a body that advises the government.

Nigeria’s economy contracted by 0.36 percent in the first quarter of the year and the central bank governor has said a recession appears to be imminent.

Reporting by Felix Onuah,; Writing by Alexis Akwagyiram; Editing by Ulf Laessing

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