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Nigeria targets 7% growth through reforms

By , based on Punch

Nigeria targets 7% growth through reforms

Nigeria’s Finance Minister, Taiwo Oyedele, says tax, monetary and economic reforms should raise the country’s growth to 7%. This ambition exceeds International Monetary Fund forecasts of 4.2% in 2026 and 4.3% in 2027, according to Punch.

Nigeria’s Finance Minister, Taiwo Oyedele, said the government’s economic reforms could support 7% growth in Nigeria. He defended tax, monetary and regulatory changes during a press briefing in Bangkok at the close of the 2026 annual meetings of the International Monetary Fund and the World Bank Group, Punch reports.

Taiwo Oyedele said exchanges with international stakeholders showed growing interest in Nigeria. He attributed this development to the impact of the reforms and presented the government’s “Nigeria Rising” narrative at the press conference.

Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.

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