June 9, 2026
The International Monetary Fund (IMF) has commended Nigeria’s economic reforms over the past three years, saying they have strengthened macroeconomic stability and improved the country’s resilience.
This is contained in a statement released on Tuesday following the conclusion of the IMF Executive Board’s 2026 Article IV Consultation with Nigeria.
The board, however, cautioned that living conditions remained difficult for many Nigerians, with poverty and food insecurity likely to worsen amid current global economic challenges.
In its assessment, the Directors said tight macroeconomic policies and continued structural reforms, supported by technical assistance from the Fund and development partners, would be crucial to preserving stability and promoting inclusive growth.
