Nigeria economic growth forecast 2012 ; Nigeria will target strong economic growth and single-digit price rises in 2012, and Africa's largest oil exporter aims to increase its capital spending over the next few years, Finance Minister Ngozi Okonjo-Iweala said on Friday.
"We are aiming at a realistic GDP growth of 7 to 8 percent and we are aiming at a single-digit inflation. We are also trying to make sure we stay within a 3 percent fiscal deficit for 2012," Okonjo-Iweala told Reuters in an interview.
"We will increase capital expenditure gradually by moving from 27 percent (of the budget) to 37 percent by 2015," the former World Bank chief added. source http://af.reuters.com/article/investingNews/idAFJOE78F0H620110916
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