Peter Enogb, principal country economist, African Development Bank (AFDB), has said that the rise in global uncertainty, emanating from increases in global trade tariffs, has slowed Nigeria’s projected growth to 3.2 percent in 2025. “Without this level of heightened uncertainty, our projections would probably have been somewhat higher. We've reduced our projections for Nigeria. We initially were projecting 3.5-3.6 percent growth in 2025. “But given the current situation, our models are showing that we're taking a more cautious approach. S
Peter Enogb, principal country economist, African Development Bank (AFDB), has said that the rise in global uncertainty, emanating from increases in global trade tariffs, has slowed Nigeria’s projected growth to 3.2 percent in 2025. “Without this level of heightened uncertainty, our projections would probably have been somewhat higher. We've reduced our projections for Nigeria. We initially were projecting 3.5-3.6 percent growth in 2025. “But given the current situation, our models are showing that we're taking a more cautious approach. S