IMF sees Nigeria GDP growing 3.4% in 2022, inflation staying high

Nigeria's real GDP growth is broadening to all sectors except oil but inflation remains elevated, the International Monetary Fund said on Thursday after a team held meetings with the Nigerian authorities from June 6 to 10.

“Regarding the economic outlook, GDP growth is projected at 3.4 percent (y/y) in 2022 while inflation is expected to remain elevated," the IMF said in a statement.

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