Nigeria has continued its engagement with the International Monetary Fund (IMF) about its ongoing reforms, medium-term outlook, and preparations for the 2026–2030 National Development Plan.
Over the weekend, Minister of Budget and Economic Planning, Abubakar Bagudu, met with a high-level delegation from the IMF, led by its Assistant Director, African Department, Axel Schimmelpfennig, to further discuss the subject matter.
The engagement came as the global economy moves towards reform-oriented and resilient growth, and the country continues to establish itself as a prominent advocate for evidence-based policymaking and inclusive economic transformation.
Bagudu said He said the federal government is working to make the plan a reflection of the country’s collective ambition — one that incorporates fiscal discipline, subnational collaboration, and the reforms necessary to sustain long-term growth.
The visit was part of the IMF’s consultative mission to review Nigeria’s fiscal priorities, macroeconomic framework, and reform trajectory ahead of the IMF’s subsequent country report.
Schimmelpfennig, however, commended Nigeria’s reform momentum adding that the fund was interested in understanding how the country’s medium-term strategy aligns with its broader development agenda.
