IMF

The IMF projects Nigeria’s GDP to grow at 4.1% in 2026 and 4.3% in 2027, citing improved macroeconomic stability, but warns that rising costs of essential goods threaten to deepen poverty and food insecurity.

The Nigerian federal government has rejected claims by the IMF that it spent over N8 trillion outside the approved 2025 budget, calling the assertion a misrepresentation.

Former Vice President Atiku Abubakar has urged Nigeria’s anti-corruption agencies to investigate revelations by the International Monetary Fund that the government spent N8.8 trillion in off-budget expenditures, equivalent to 2% of GDP.