Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

4.2% GDP growth insufficient to cut poverty – ActionAid

ActionAid Nigeria says the country’s 4.2% GDP growth in H1 2026 is not enough to reduce poverty, calling for double-digit growth and single-digit inflation Read More: https://punchng.com/4-2-gdp-growth-insufficient-to-cut-poverty-actionaid/

4.2% GDP growth insufficient to cut poverty – ActionAid

ActionAid Nigeria has criticized Nigeria's 4.2% GDP growth in the first half of 2026, stating it is insufficient to reduce poverty. The organization called for double-digit economic growth, single-digit inflation, and greater accountability for rising government revenues. ActionAid emphasized that while stabilising poverty is a significant development, it is not the same as reducing it, as millions of Nigerians continue to struggle with rising living costs and declining purchasing power.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at punchng.com →

More in Finance & Markets

More from Tuesday 13 October →