A foremost professional services firm, PwC Nigeria, Thursday released its Nigeria Economic Outlook report for 2024, projecting a marginal decline in inflation and 3.1 per.
The GDP projection by PwC is lower than the 3.4 which the Nigeria Economic Summit Group (NESG) projected a day before.
The report also points to a gloomy 2024 with rising poverty levels and the lingering cost of living crisis in the country.
It stated that achieving sustainable growth in 2024 “requires balancing ambitious fiscal reforms with effective budget implementation” while highlighting the importance of “aligning fiscal and monetary policy to stabilise prices and reach target goals.”