AfDB projection: Experts task FG on rising insecurity

Written by on June 2, 2022

Financial experts have urged the Federal Government to tackle rising insecurity headwinds in the country to boost economic growth and development.

AfDB had projected the average growth rate of Nigeria’s economy this year through 2023 at 3.2 per cent.

The 2022 Economic Outlook report was released at its Annual General Meeting in Accra, Ghana, that ended on May 27.

The report focuses on the growth prospect of the continent in the context of the COVID-19 pandemic, climate change adaptation, energy transition and other structural challenges.

Mr Nerus Ekezie, a former Director of the National Association of Small and Medium Enterprises (NASME), said the Federal Government could enhance growth by supporting the building of more business clusters.


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