The International Monetary Fund (IMF) has projected a 4.3 per cent Gross Domestic Product (GDP) growth for Nigeria in 2027.

According to the IMF’s World Economic Outlook Growth Projections, this is a 0.2 per cent increase from the 4.1 per cent recorded in April 2026.

IMF, however, stated that global activity now faces a major test from the outbreak of war in the Middle East.

It said assuming that the conflict remains limited in duration and scope, global growth is projected to slow to 3.1 per cent in 2026 and 3.2 per cent in 2027. Global headline inflation is projected to rise modestly in 2026 before resuming its decline in 2027. Slowdown in growth and increase in inflation are expected to be particularly pronounced in emerging market and developing economies.

It said global inflation is expected to tick up in 2026 and resume its decline in 2027. Pressures are concentrated in emerging market and developing economies, especially commodity importers with preexisting vulnerabilities. Risks are decisively on the downside. A prolonged conflict, deeper geopolitical fragmentation, disappointment over AI-driven productivity, or renewed trade tensions could weaken growth and unsettle markets. High public debt and eroded policy buffers add vulnerability.

IMF advised that policies should foster adaptability, enhance credibility, and reinforce international cooperation.

Meanwhile, the 4.3 per cent GDP growth projection for Nigeria by IMF has been hailed by the Special Adviser to the President on Policy Communication, Daniel Bwala.

According to Bwala, the projection shows that Nigeria, under the visionary leadership of President Bola Ahmed Tinubu, is turning the corner.

“Latest projections by the International Monetary Fund show our economy growing at 4.1% in 2026, faster than the US, UK, Germany, and even South Africa.

“Slowly but steadily, the reforms are showing tangible fruits

“Presdient Tinubu is not joking; he is seriously fixing the economy,” he said on X.