The Economist: The world in 2016. Nigeria outlook.

   GDP growth.  3.5% GDP per head.   $2,750 (PPP; $6,120) Inflation.    9.4% Budget balance(% GDP).    -1.4 Population.   187.0m Forecast: The new president, Muhammadu Buhari will attempt to use his political capital to try to address entrenched problems of corruption, insecurity, and low living standards, but the patience of an electorate with…

Chima Nnadi-Oforgu
1–2 minutes

 
 GDP growth.  3.5%

GDP per head.   $2,750 (PPP; $6,120)

Inflation.    9.4%

Budget balance(% GDP).    -1.4

Population.   187.0m
Forecast:

The new president, Muhammadu Buhari will attempt to use his political capital to try to address entrenched problems of corruption, insecurity, and low living standards, but the patience of an electorate with high expectations will be short. Clashing vested interests within the ruling party will limit the efforts to improve management of the oil sector. Economic growth will be grossly uninspiring. 

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