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Nigeria's economic growth slows

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The Nigerian authorities say the country's economic growth has slightly slowed down in the first quarter of 2018.

According to the National Bureau of Statistics, the economy grew by 1.95% compared to 2.11% in the last quarter of 2017.

This is the first time Nigeria's economic growth slowed since January 2017, when the country climbed out of its worst recession in 25 years.

The National Bureau of Statistics says Nigeria's oil output has increased but the non-oil sector shrank in the first quarter of 2018.

Despite the slight decline, the Nigerian authorities say growth is still strong for the economy.

Last week the Parliament passed a record budget of $29bn for 2018 aimed at boosting growth in one of Africa's largest economies barely nine months before the country's next presidential election.

Nigeria's economy is largely dependent on oil exports and the government is struggling to diversify it.

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