Nigeria’s growth rate to increase in 2025 – AfDB

The growth rate of Nigeria and other West African countries is projected to rise from an estimated 3.6 per cent in 2023 to 4.2 and 4.4 per cent in 2024/2025.

The African Development Bank (AfDB) Vice-President and Chief Economist, Kevin Urama, said this at Thursday’s highlight of the African Economic Outlook 2024.

The News Agency of Nigeria reports that the report was inaugurated on the sidelines of the bank’s ongoing 2024 Annual Meetings in Nairobi, Kenya.