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Nigeria’s GDP growth will exceed 6% – Okonjo-Iweala



The Minister of Finance, Dr. Ngozi Okonjo-Iweala, said on Friday she is confident that growth in 2014 will be around the government’s latest forecast of 6.5 percent after discounting the economic impact of the insurgency waged by the Boko Haram sect.


“We are confident it will be better than 6 percent and about 6.5 per cent,” Okonjo-Iweala, told Reuters.

The government’s latest forecast set in the past few days, puts 2014 growth at 6.5 percent, she said, adding that the forecast already discounted the impact from the Boko Haram insurgency.

Okonjo-Iweala said the impact of the Ebola outbreak on the Nigerian economy was not yet significant.

The minister was in Singapore to attend a conference jointly organised by Singapore state investor, Temasek, Goldman Sachs and the National University of Singapore, that discussed issues related to sustainable growth.
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