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Here’s a visual snNigeria—highlighting economic activity, inflation dynamics, unemployment alongside GDP growth, and the impact of infrastructure changes: 1. GDP Growth & Volatility Economic output
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Henry
67 days ago1. GDP Growth & volatity
Economic output has generally tended upward over the long term but with notable sharp fluctuations- reflecting sensitivity to oil price swings and economic shocks
2. Inflation & Monetary Response
.High but Easing : inflation crested above 30%, driven by food and energy price's,but recent months saw a decline to 23%by mid-2025
.policy Actions : fiscal tigehting ,a floating naira,cuts in fuel subsides and tighter monetary policy supported this moderate disinflation trend.
3. Fiscal Management and Reform
.Improved Fiscal Balance : The deficit fell from 5.4% GDP in 2023 to 3% in 2024; government revenue jumped significantly .
.Budget pressure : with oil prices below budget assumptions, the IMF advises recalibrating the 2025 budget while expanding social safety nets.
Summary table
Area key Trend
Economic growth. Moderate recovery with reform but per Capita gains still low
Inflation. High but gradually easing due to policy tightening
Fiscal Health.