Tuesday, August 29, 2023

KPMG Downgrades Nigeria’s Economic Growth Forecast to 2.65% in 2023

INTRO


KPMG has downgraded its growth forecast for Nigeria's economy in 2023 from 2.85 percent earlier projected to 2.65 percent.


The professional services firm said the revision is premised on various considerations including the impact of the recent removal of subsidy on petrol.


Correspondent Ajeck Mangut reports from Abuja.


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