‘Not feasible,’ KPMG dismisses Tinubu’s target of 6% annual GDP growth

In his inaugural speech on May 29, Tinubu set a target to increase the GDP growth rate of the country by 6 percent on average in the next 4 years through budgetary reforms aimed at stimulating the real sector of the economy.

But KPMG, in a flashnote titled ‘Prospect for Attaining 6% Average Growth Rate in 4 years’, and released on Friday, said the target “might be difficult to attain” within the timeframe set by the president.

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