Politics

Nigeria is Growing Faster Than U.S, UK — President Tinubu’s aide, Bwala

Nigeria is Growing Faster Than U.S, UK — President Tinubu’s aide, Bwala

The Presidency has said Nigeria’s economic outlook is improving, projecting that the country will grow faster than major advanced economies such as the United States, United Kingdom, Germany, and South Africa in 2026.

This was disclosed by the Special Adviser to President Bola Ahmed Tinubu on Policy Communication, Daniel Bwala, while reacting to the latest International Monetary Fund (IMF) World Economic Outlook released in April 2026.

According to the IMF report, Nigeria’s economy is projected to grow by 4.1% in 2026, surpassing the United States (2.3%), the United Kingdom (0.8%), Germany (0.8%), and South Africa (1.0%). Growth is also forecast at 4.3% in 2027, placing Nigeria among the stronger performers in Sub-Saharan Africa, where the regional average is projected at 4.3% for 2026.

Bwala attributed the positive outlook to ongoing reforms under President Bola Ahmed Tinubu’s administration. “Nigeria, under the visionary leadership of President Bola Ahmed Tinubu, is turning the corner,” he said on X, noting that IMF projections show stronger growth than several advanced economies. He added that although reforms have been challenging, they are beginning to yield results.

“President Tinubu is not joking; he is seriously fixing the economy,” he added.

The IMF report also projected slower growth in advanced economies, with the United States at 2.3%, the Euro Area at 1.1%, and Japan at 0.7% in 2026. Global growth is estimated at 3.1%, while emerging and developing economies are projected at 3.9%.

 

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