Vanguard News Nigerian economy is out from recession — FG On Kindly Share This Story: The Federal Government (FG) has said that the Nigerian economy is out of recession with 0.11 per cent Gross Domestic Product (GDP) recorded in the last quarter of 2020. The Minister of State, Budget and Economic Planning, Mr Clem Agha, announced this in Imo on Thursday at the commissioning of a 3.5-kilometer ring road, executed by the Federal Ministry of Agriculture and Rural Development. Agha said the progress was achieved due to the implementation of the FG’ s economy sustainability plans. He said under the sustainability plans, the federal government approved N34 billion for the construction of 377 rural roads across the federation.