Group Hails Tinubu Reforms, Projects Robust GDP Growth

A group, the Independent Media and Policy Initiative (IMPI), has said the new economic model deployed by the President Bola Tinubu administration will drive the country’s Gross Domestic Product (GDP) higher in 2026 and beyond.

In a statement signed by its chairman, Dr Omoniyi Akinsiju, IMPI projected that the economy would hit 5.5% in 2026, higher than the forecast of the World Bank and the International Monetary Fund (IMF)

He said, “We made it clear in that statement that the Nigerian economy under the current administration had engendered a paradigm shift from perennial dependency on crude oil earnings to policy-driven economic facilitation.

“This refers to the deliberate use of governmental policies, regulations, and institutional frameworks to reduce obstacles, lower costs, and speed up economic activities, particularly in trade and investment.

“The facilitation, in this context, aims to foster sustainable, inclusive growth by improving efficiency and reducing red tape.

“Seven months after that questionable projection by the International Monetary Fund (IMF), we have seen a volte-face.  In an epiphany-like realisation, the IMF now speaks of a resurgent Nigerian economy, as reflected in the global multilateral institution’s revised Nigerian economic outlook, which projects 4.4 per cent economic growth for 2026.

“This is the highest GDP growth projection by IMF over the last 17 years, a real expression of confidence in the Nigerian economy,” Akinsiju said.

The group also referenced the general consensus on Nigeria’s growth prospects, which it attributed to the economic model adopted by the President Bola Tinubu administration.

“Beyond the IMF’s new GDP projection, we have observed a consensus around a higher than four per cent economic growth performance expectation of the Nigerian economy by virtually all known individual and public economic commentators.

“While the Nigerian Government projected 4.68 per cent growth in 2026, the Lagos Chamber of Commerce and Industry (LCCI) projected a massive 7 per cent, 1.5 per cent higher than the Nigeria Economic Summit Group’s 5.5 per cent for the year,” the group said.

Ardo  Zubairu 
National Secretary 
TInubu Re- Election Project 2027 . Office Phones: 
08033305195
08098885195
07033454053

Follow this link to join  https://chat.whatsapp.com/GGyI5S8pxi78dcZ3fKciGB
 

Comments

Post a Comment

Popular posts from this blog

Wike to SSDC: don’t disappoint Tinubu, focus on grassroot development

Image
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Wednesday charged the newly constituted South-South Development Commission (SSDC) to focus on grassroots development in line with the Renewed Hope Agenda of President Bola Tinubu. Wike gave the charge when the board members and management team of the Commission, led by the Board Chairman, Hon. Chibudom Nwuche paid him a courtesy visit in his office. The Minister congratulated the Board members and Management Team on their appointments by President Tinubu, emphasizing that their selection was based on trust and magnanimity and urged them not to let the President down. The Minister said, “The only way you can justify your appointment and make the President happy is to work tirelessly to achieve the Renewed Hope Agenda of the President in your region. Your loyalty is to him. Make the President proud of the Commission”. He urged the members not to allow themselves to be used as tools of...
Read more

2027:Nnewi -South APC okays Tinubu for second term, Celebrates the Appointment Of Rt. Hon. Rita Maduagwu

Image
The All Progressives Congress in the Nnewi- South has declared its support for President Bola Tinubu’s second term' ,celebrate the  appointment  one of  their member, Rt. Hon. Rita Maduagwu, into the Governing Council of Federal College of Education, Akoka, Lagos, by the President At a stakeholders’ meeting of the APC Nnewi- South held  recently, the party leadership endorsed Tinubu’s re-election, promising that they would deliver the zone  to him in 2027. In a statement signed by Mr. Simon Vincent ( Odinga) Publicity Secretary, Nnewi South Chapter, the APC said, “We congratulate Rt. Hon. Rita Maduagwu on this well-deserved recognition of her exceptional services and contributions to the nation. Her appointment is a testament to her capacity, dedication, and selfless service to humanity”. “As a former Speaker of the Anambra State House of Assembly and a prominent stakeholder in Nnewi South, Rt. Hon. Rita Maduagwu has consistently demonstrated her com...
Read more

Tinubu grants automatic employment to children of late FCT Head of ServiceGrace Adayilo

Image
President Bola Tinubu has approved automatic employment for the four children of the late Head of the Civil Service of the Federal Capital Territory FCT, Dr Grace Adayilo who recently passed on. FCT minister, Nyesom Wike, announced this on Saturday during the funeral service held at the National Ecumenical Centre, Abuja, where top government officials, civil servants, family and friends gathered to pay their last respects to the late Adayilo. He described her death as a painful loss, noting that she was a committed, humble and diligent public servant whose contributions to the Federal Capital Territory Administration FCTA would be deeply missed. “On behalf of the FCT Administration and on behalf of Mr President, I want to send our condolences to her family. Mr President has directed me to give the four children automatic employment because he understands that now there is no breadwinner for them,” Wike said. The minister praised Adayilo’s dedication to duty, recalling how s...
Read more