IMF praises Nigeria's reforms, warns poverty still high

IMF praises Nigeria's reforms, warns poverty still high

The IMF lauded economic reforms pushed by Nigerian President Bola Ahmed Tinubu, such as ending fuel subsidies, but noted that not "all Nigerians" have seen the benefits amid a cost-of-living crisis.

Nigeria: Poverty level remains high after starting reforms - News Bulletin 247

The government has taken steps to stabilize the economy, but “the results have not yet been noticeable to all Nigerians Its levels poverty and her eating insecurity to Nigeria remain high two years after launching reforms by the President’s government Bola Ahmed Tinubustressed yesterday Friday International Monetary Fund (IMF). The government has taken “significant measures to stabilize the economy and support growth”, but “the results have not …

Poverty, Food Insecurity Remain High in Nigeria Despite Reforms—IMF &

By Dipo Olowookere The International Monetary Fund (IMF) has said despite the economic reforms of the administration of President Bola Tinubu, poverty and food insecurity remain high in Nigeria. The global lender said this after the conclusion of its 2025 Article IV Consultations with Nigeria from April 2 to 15 in Lagos and Abuja. Officials […]

Nigeria Poverty Crisis Continues Amid Economic Reform — Akelicious

The International Monetary Fund said on Friday that the Nigerian government’s tough economic reforms have yet to benefit the average citizen, nearly two years after their introduction. After assuming office in May 2023, President Bola Ahmed Tinubu launched a sweeping economic reform programme, which both the government and the IMF described as necessary to correct the country’s public finances. However, these measures have come at a cost for man…

IMF says Nigeria's reforms aren't helping the poor

The International Monetary Fund stated on Friday that Nigeria’s significant economic reforms have not yet translated into tangible benefits for the average citizen, approximately two years after their implementation.  President Bola Ahmed Tinubu initiated a comprehensive reform program in May 2023 with the aim of stabilizing the nation’s public finances.  While the IMF acknowledged the government’s “important steps” towards economic stabilizatio…

Nigeria's Economic Odyssey: From Obasanjo's Reforms to Tinubu's Challenges - Dr. Kenny Odugbemi

Nigeria's economic landscape has been shaped by a series of administrations, each bringing its own set of policies and challenges. From the reformative strides of President Olusegun Obasanjo to the current hurdles faced by President Bola Tinubu, the nation's journey reflects a tapestry of growth, setbacks, and resilience. President Olusegun Obasanjo's tenure from 1999 to 2007 marked a significant turning point. His administration championed econ…