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ABUJA [url=]Daniel Robertson Jersey[/url] , Sept. 5 (Xinhua) -- The Nigerian government said it wasworking on a sustained and all-inclusive growth as indicationemerged that the country's economy had exited its worst recessionin more than two decades.

Data released by the National Bureau of Statistics on Tuesdayshowed a notched-up growth of 0.55 percent in the second quarter of2017, from -0.91 percent in the first quarter of 2017 and -1.49percent in the second quarter of 2016.

The economic recovery was driven by improved performance in theoil, agriculture, manufacturing, and trade sectors.

The economy of Nigeria [url=]Christian Arroyo Jersey[/url] , the most populous country in Africa, hadcontracted for five consecutive quarters since the first quarter of2016, slipping into recession for the first time in more than twodecades in August 2016.

The economy had depended on oil, its mainstay, for 70 percent ofstate revenues and 90 percent of export earnings.

Nigeria's economic challenges were compounded by lower oilprices on the international market since mid-2014 [url=]Chris Archer Jersey[/url] , causing a hugefall in government revenues, weakened local currency, and dollarshortages.

Its economic woes were exacerbated by militant attacks on keyoil infrastructure in the restive Niger delta.

Nigerian President Muhammadu Buhari also on Tuesday officiallyconfirmed that the country is out of recession.

Speaking after a closed door meeting with visiting NigerienPresident Mahamadou Issoufou, Buhari said he was "very happy" tohear that the country was finally out of recession.

Buhari told reporters that the real gain would be improvedliving conditions for Nigerians.

"I am looking forward to ensuring that the ordinary Nigerianfeels the impact," he said.

A statement signed by presidential spokesman Laolu Akande saidthe government was working "to achieve desired outcomes includingsustained inclusive growth [url=]Carlos Gomez Jersey[/url] , further diversification of the economy,the creation of jobs, and improved business conditions."

Nigeria's oil output had ramped up to an average of 2 millionbarrels per day from a low of 1.3 million in 2016, followinggovernment peace talks with oil rebels in the Niger Delta region.Enditem

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