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‘Nigeria’s Economy Growing Faster Than US, UK’, Says Presidential Aide Bwala

Nafisat Abdulrahman by Nafisat Abdulrahman
3 months ago
in News
Economy
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The Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, has said Nigeria’s economy was on a stronger growth trajectory than those of major advanced economies, citing the latest projections by the International Monetary Fund (IMF).

Reacting to the IMF’s April 2026 World Economic Outlook via his verified X (formerly Twitter) account on Tuesday night, Bwala pointed to data showing Nigeria’s economy was expected to grow by 4.1 per cent in 2026.

According to the report, Nigeria’s projected growth outpaces that of the United States (2.3%), United Kingdom (0.8%), Germany (0.8%), and South Africa (1.0%). The IMF also forecasts a 4.3 percent growth rate for Nigeria in 2027, aligning with the broader Sub-Saharan Africa regional average of 4.3 percent for 2026.

Bwala attributed the improved outlook to ongoing economic reforms by the Tinubu administration, acknowledging that while the measures have been difficult, they were beginning to yield results.

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“Nigeria, under the visionary leadership of President Bola Ahmed Tinubu, is turning the corner. Latest projections by the International Monetary Fund show our economy growing at 4.1% in 2026, faster than the US, UK, Germany, and even South Africa. Slowly but steadily, the reforms are showing tangible fruits. President Tinubu is not joking; he is seriously fixing the economy,” he wrote.

The IMF outlook positioned Nigeria among the stronger-performing economies in Sub-Saharan Africa amid ongoing policy adjustments.

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Nafisat Abdulrahman

Nafisat Abdulrahman

Nafisat Abdulrahman is a journalist and content creator with Leadership Newspaper, specialising in current affairs, political reporting, and social justice. Her work spans government accountability, leadership appointments, climate policy, international relations, and legal affairs, alongside evergreen content on personal development, career growth, and global travel. She is also an active digital content creator across Instagram, TikTok, and X.

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