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Nigeria’s economy is expected to reach $1.85 trillion by 2029 in Purchasing Power Parity terms. The Washington-based International Monetary Fund made this forecast in recent data on Nigeria’s Gross Domestic Product in PPP terms. IMF data forecasted that the country’s GDP PPP terms will move from $1.36 trillion in 2023 to $1.852tn in 2029. The data shows a consistent growth trend, with a notable increase of 5.5 percent expected in 2029 and also predicted Nigeria’s share of global GDP based on PPP to reach 0.78 percent by 2029. It said, “This represents a slight increase from 0.77 percent in 202…

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