KOKO BUSINESS
Account

September 25, 2026

Nigeria’s reform gains face a tougher global resilience test

Governments are expected to have less fiscal room to absorb future economic shocks, shifting more of the resilience burden to flexible supply chains, technology and energy-market adaptation, Business A.M. says in an analysis of Nigeria’s outlook.

The report cites the World Economic Forum’s September 2026 Chief Economists’ Outlook: 69 per cent of surveyed economists viewed fiscal support as the most significant source of resilience since 2020, but only 28 per cent expected it to play the same role over the coming year.

For Nigeria, Business A.M. draws on the International Monetary Fund’s June 2026 assessment, which estimated 4.0 per cent real GDP growth in 2025 and projected 4.1 per cent for 2026. The IMF also projected year-on-year inflation at 17 per cent by the end of 2026. The analysis argues that growth alone will not ease pressure on households if food, electricity and transport costs remain high.

The growth and inflation figures are IMF estimates and forecasts cited by Business A.M., not final results for 2026. The report frames the test for Nigeria as turning recent reforms into investment, lower inflation and broader gains in living standards.

Read the full analysis at Business A.M.