…Predicts 4.4% in 2027, 2028
By Emma Ujah
Nigeria’s economy is expected to grow by 4.3 percent in 3026 and rise to an average 4.4% from 2027 to 2028, according to the World Bank, in its latest edition of Nigeria Development Update (NDU).
This was contained in the latest edition of the NDU, released in Abuja, yesterday, with the bank assuring that if the government sustained it reforms, poverty and inflation would continue to be on the downward trend.
“Economic activity in Nigeria is projected to strengthen from 4.0 percent in 2025 to 4.3 percent in 2026, before edging up to 4.4 percent annually in 2027–28,” the bank said.
According to the bank, reforms such as the controversial removal of petrol subsidies and exchange-rate liberalization remain key to a sustained growth and positive outlook on several fronts.
It urged the…
