The Presidency says Nigeria is on a stronger economic growth path than several major advanced economies, following fresh projections released by the International Monetary Fund (IMF).
Daniel Bwala, Special Adviser to President Bola Tinubu on Policy Communication, made the claim on Tuesday night while reacting to the IMF’s April 2026 World Economic Outlook shared on his verified X account.
According to the projections, Nigeria’s economy is expected to grow by 4.1 per cent in 2026, placing it ahead of the United States, which is forecast at 2.3 per cent, the United Kingdom and Germany at 0.8 per cent each, and South Africa at 1.0 per cent.
The IMF also projects Nigeria’s growth to strengthen further to 4.3 per cent in 2027, aligning with the broader Sub-Saharan Africa regional average for 2026.
Bwala said the figures reflect early gains from ongoing economic reforms under the Tinubu administration, describing the policy direction as difficult but increasingly effective.
He argued that Nigeria is beginning to “turn the corner,” adding that the reform programme is gradually delivering measurable improvements in macroeconomic stability and growth outlook.
The IMF report places Nigeria among the better-performing economies in Sub-Saharan Africa, even as global growth remains uneven amid policy tightening in advanced economies.
Bwala maintained that the administration remains focused on sustaining reforms aimed at long-term recovery, insisting that current indicators show steady progress rather than stagnation.
