FG moves to end conflicting economic projections

The Federal Government of Nigeria has established an inter-agency committee to harmonize macroeconomic assumptions used in budget planning. This decision follows findings that inconsistent economic projections contributed to budget under-performance. The committee will also address discrepancies in reporting key economic indicators. Additionally, Nigeria's GDP grew by 4.43% in the second quarter of 2026, and external reserves have surpassed $54 billion.