Nigeria Infrastructure Report Q2 2018
We maintain our forecasts for 2018 real growth in the Nigerian construction sector at 7.8% y-o-y. The government'sinvestment plan for the economy will make greater progress in 2018 owing to higher government revenues, but we expect plans toreform the infrastructure sector to encourage greater private involvement will struggle. Marginal improvements in liquidity will liftprivate sector investment in real estate, but we expect further currency weakness over the year, keeping pressure on businesseshigh.
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