IMF: Rising cost of essentials to push more Nigerians into poverty

🇳🇬 Vanguard Nigeria (NG) —
IMF: Rising cost of essentials to push more Nigerians into poverty

AI Summary

The International Monetary Fund warns that rising prices of essential goods will deepen poverty and food insecurity in Nigeria despite macroeconomic improvements. The IMF projects Nigerian GDP growth of 4.1% in 2026 and 4.3% in 2027 but has lowered global growth forecasts.

…Projects Nigeria’s GDP at 4.1% in 2026, 4.3% in 2027 …Cuts global growth forecast to 3.0% for 2026 …Says improved macroeconomic stability supports Nigeria’s economy By Babajide Komolafe, Economy Editor The International Monetary Fund, IMF, has warned that rising prices of essential goods will deepen poverty and food insecurity in Nigeria despite improved macroeconomic stability, […] The post IMF: Rising cost of essentials to push more Nigerians into poverty appeared first on Vanguard News.

World Markets Health IMF Nigeria poverty GDP forecast inflation food insecurity

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