Nigeria’s real gross domestic product this year is projected to rise “exceptionally high” due to a strong recovery in oil production and robust growth in other sectors, according to the International Monetary Fund.

IMF has expressed its support for the government’s fiscal targets until 2013 to help expand lending to the private sector and lower inflation.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.