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Finance Minister Taiwo Oyedele says the "Nigeria Rising" framing of the country's reform programme is changing international perceptions of the economy as fiscal, tax and monetary adjustments begin to show results.
Finance Minister Taiwo Oyedele says there will be no return to fuel subsidies or multiple exchange rates, as Nigeria targets 7% growth above the IMF's 4.3% projection for 2027.
The Central Bank of Nigeria and the Federal Ministry of Finance have placed single-digit inflation at the centre of Nigeria's medium-term strategy, with Finance Minister Taiwo Oyedele estimating that achieving it would save more than $10 billion on 2026 figures.
G-24 chair Taiwo Oyedele said developing countries pay about $500 billion more for debt than developed economies, urging cheaper IMF and World Bank financing.