The International Monetary Fund (IMF) has downgraded Nigeria's economic growth forecasts for 2025 to 3.0%. This reduction from its previous projection of 3.2% is well below the federal government's target of 4.6%

La révision à la baisse des Nigeria's economic growth forecasts highlight the continuing vulnerabilities of Africa's largest economy, despite recent reforms. The latest IMF World Economic Outlook indicates that Nigeria's growth prospects are below the regional average for sub-Saharan Africa, which is 3.8% for 2025. Economic reforms under the presidency of Bola Tinubu, including the removal of fuel subsidies and the liberalization of the foreign exchange market, were welcomed by the IMF for stabilizing macroeconomic fundamentals. The Fund highlights that this progress has not yet brought real benefits to ordinary Nigerians, citing stagnant poverty and high inflation, which reached 24.23% in

For 2026, the IMF forecasts a further slowdown in growth in Nigeria, to 2.7%, partly blaming this decline on the fall in oil prices.