The Federal Government of Nigeria and the African Development Bank (AfDB) have called for stronger African control over the continent’s vast mineral resources, urging countries to stop exporting raw materials while importing finished products made from the same resources.
Nigeria Faces Slower Growth in 2027, AfDB Projects
The African Development Bank Group has projected that Nigeria’s economic growth will slow to 3.7 per cent in 2027 as easing global oil prices reduce external revenue inflows, despite a modest improvement expected in 2026.
The projection was...