PwC projects moderate economic growth for Nigeria amid fiscal challenges, inflationary pressures

Professional service network, PricewaterhouseCoopers (PwC), on Monday projected a marginal GDP growth of 2.9 per cent for Nigeria in 2024.

In its latest economic outlook report, it said the growth is expected despite the backdrop of sustained policy reforms, which may face limitations due to elevated economic pressures.

Data from the National Bureau of Statistics (NBS) shows Nigeria’s inflation rate surged to 33.9 percent in May 2024, up from 33.6 per cent in April 2024.

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