Minister of State for Finance and Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Taiwo Oyedele
The Federal Government has welcomed the latest assessment of Nigeria’s economy by the International Monetary Fund, describing it as an independent validation of the economic reforms being implemented under President Bola Tinubu’s administration.
In a statement issued on Tuesday in Abuja, Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said the IMF’s 2026 Article IV Mission Concluding Statement acknowledged significant progress in strengthening macroeconomic stability and improving the country’s resilience to external economic shocks.
According to the minister, the IMF highlighted improvements in the foreign exchange market, stronger external reserves, ongoing fiscal reforms, banking sector stability and broader macroeconomic gains recorded over the past two and a half years.
“The report provides further independent validation that the bold and necessary reforms undertaken under the leadership of President Bola Ahmed Tinubu are strengthening macroeconomic stability, restoring confidence and laying the foundation for sustainable and inclusive growth,” Oyedele said.
