The IMF cut the growth projection of 2025 Nigeria to 3.0%

The International Monetary Fund (IMF) has reduced Nigerian economic growth to 3.0% in 2025 and 2.7% in 2026.

It fell from the initial projection of 3.2% in 2025 and 3% in 2026 by the Bretton Wood Institution.

This represents a lower projection of 0.2 percentage points for 2025 and 0.3 percentage points for 2026, IMF said in the world economic view “A Critical Intersection In the midst of a policy shift” released on Tuesday.

Also read: IMF Recommended strict monetary policy to reduce Nigerian inflation

For sub-Sahara Africa, growth is expected to decrease slightly from 4 percent in 2024 to 3.8 percent in 2025 and recover simply in 2026, was appointed 4.2 percent.

The report reads: “For sub-Sahara Africa, growth is expected to decrease slightly from 4 percent in 2024 to 3.8 percent in 2025 and recover simply in 2026, appointed 4.2 percent.

“Among the larger economy, the estimated growth of Nigeria was revised down at 0.2 points percentage for 2025 and 0.3 percentage points for 2026.”.

By: Babajide Okeowo

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