KPMG says Nigeria may not be able to achieve 6 percent average gross domestic product (GDP) growth rate in four years. In his inaugural speech on May 29, President Bola Tinubu set a target to increase the GDP growth rate of the country by 6 percent on average in the next 4 years through budgetary reforms aimed at stimulating the real sector of the economy. KPMG, in a flashnote titled ‘Prospect for Attaining 6% Average Growth Rate in 4 years’, and released on Friday, said the target “might be difficult…
Read MoreKPMG NIGERIA: TINUBU’S TARGET OF 6% ANNUAL GDP GROWTH NOT FEASIBLE
