The news that the nation exited its worst recession in 25 years was received with cautious optimism by a cross section of Nigerians on Tuesday, with many economists and analysts saying the 0.55 per cent growth in the Gross Domestic Product in the second quarter was slower than expected.
They also warned that the growth, which was large as a result of rising oil price and improved production in the period, was fragile and that the nation could slip back into recession if the price of crude suffered a dramatic decline.