Britain has predicted that Nigeria will become the third biggest country in the world, overtaking the United States to join China and India as the three biggest economies of the world by 2050.
The British High Commissioner in Nigeria, Mr. Paul Arkwright, made this disclosure on Monday in Lagos as part of activities to commemorate the fortieth anniversary of the Nigerian British Chamber of Commerce, NBCC.
Speaking on the topic, “Nigeria-British Relations: The Next one hundred Years”, Arkwright said the UK government is happy with the economic outlook of Nigeria. He added that by virtue of the policies and investment habits of the current government of Nigeria, it is glaring that the country will no longer be dependent on aid to develop.
Speaking further, Arkwright also predicted that in a few years, Lagos will become a major global economic centre.