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Nigeria Signals Greater Reliance on Private Capital for Economic Growth
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On 21 October, Nigeria’s Finance Minister Taiwo Oyedele said the country would increasingly rely on domestic and foreign private investment rather than additional government borrowing to finance its next phase of growth. Reuters reported that inflation had...
On 21 October, Nigeria’s Finance Minister Taiwo Oyedele said the country would increasingly rely on domestic and foreign private investment rather than additional government borrowing to finance its next phase of growth. Reuters reported that inflation had declined to 14.63% from 21% a year earlier, while the government continued to pursue stronger growth and job creation.
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