IMF Sees Nigeria’s Growth Rebounding to 4.3% in 2027 Despite 2026 Downgrade to 4.1%
Recommends tighter monetary policy Urges policymakers globally to be vigilant Hails Nigeria’s successful banking sector recapitalisation
Eromosele Abiodun and Nume Ekeghe in Washington DC
The International Monetary Fund (IMF), in its latest World Economic Outlook (WEO) 2026, released
yesterday, revised Nigeria’s growth projection downward to 4.1 per cent in 2026, while projecting a
modest recovery to 4.3 per cent in 2027, underscoring a fragile but improving medium-term outlook.
Equally, the IMF yesterday hailed the Central Bank of Nigeria (CBN) for the successful conclusion of the
banking sector recapitalisation, Continued on page 8
Dangote Supplies over 72% of Nigeria’s Petrol as Consumption Falls 16.9%... Page 6 Wednesday 15 April, 2026 Vol 31. No 11329. Price: N400
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David Mark: Our National Convention is Beginning of the Process to Change Nigeria
ADC declares self ‘unstoppable force’, says APC, INEC undermining democracy INEC chair being used to subvert democracy, Atiku warns Nigeria so divided, we need unity now, Obi states Amaechi: APC is shameless Chuks Okocha and Michael Olugbode in Abuja
National Chairman of African Democratic Congress (ADC), Senator David Mark, yesterday, said the
party’s national convention was the beginning of the process to change Nigeria.
Speaking at the eighth national convention of ADC, the first under his watch, which took place at
Rainbow Event Marquee in Abuja, Mark told the delegates that they had answered a historic national
call, which marked the start of a Continued on page 8
Tinubu: No Serious Nation Can Prosper With Weak, Fragmented Revenue System Says old tax laws made Nigerians poor, assuring new systems will create opportunities, prosperity Mocks opposition parties saying he may commission Akpabio to destabilise them, as Senate President blames opposition for worsening insecurity Zacch Adedeji says President’s economic policies saved Nigeria from the brink Declares net reserves would have been $2bn, inflation 120%, exchange rate N3,000/$ at parallel segment, debt service over 100% of revenues without reforms
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INAUGURATION OF THE NIGERIA REVENUE SERVICE HEADQUARTERS...
L-R: Deputy Senate President, Jubril Barau; Speaker, House of Representatives, Hon. Tajudeen Abbas; Executive Chairman, Nigeria Revenue Service, Zacch Adedeji; Kwara State Governor, AbdulRahman AbdulRazaq; President Bola Ahmed Tinubu; Senate President, Godswill Akpabio; Imo State Governor, Hope Uzodimma; Secretary to the Government of the Federation, George Akume; FCT Minister, Nyesom Wike; and Deputy Speaker, House of Representatives, Benjamin Kalu, during the official inauguration of the Nigeria Revenue Service headquarters in Abuja, yesterday PHOTO: STATE HOUSE