The Central Bank of Nigeria has projected that the Nigerian economy will grow by 3.24 per cent in 2022, in spite of rising inflationary challenges occasioned by global socio-economic events.
Mr Godwin Emefiele, the CBN Governor, says the International Monetary Fund also projected the economy to grow at 2.7 per cent, while the Federal Government projected a 4.21 per cent growth.
Emefiele, however, says the MPC was concerned about the impact the global increase in petroleum and other products was having on the Nigerian economy.
He urged the Nigerian National Petroleum Corporation to take urgent steps to ensure adequate supply of petroleum products.