The Nigerian Economic Summit Group (NESG) has forecasted a 5.5% growth in Nigeria’s Gross Domestic Product (GDP) in 2025, driven by ongoing economic reforms.

The projection was revealed at the launch of the 2025 Macroeconomic Outlook by the NESG on Thursday.

Dr. Olusegun Omisakin, Chief Economist and Director of Research & Development at NESG, stressed that with efficient policy reforms, Nigeria’s economy has the potential to achieve this growth.

He said, “At the optimal level, with more efficient reforms, we believe the Nigerian economy can reach a 5.5% GDP growth, and we see this as achievable.”