Nigeria: Rising Cost of Essentials to Push More Nigerians Into Poverty

Nigeria: Rising Cost of Essentials to Push More Nigerians Into Poverty

The International Monetary Fund, IMF, has warned that rising prices of essential goods will deepen poverty and food insecurity in Nigeria despite improved macroeconomic stability, even as it maintained growth forecasts for the economy in 2026 and 2027 at 4.1 per cent and 4.3 per cent .

IMF sees Nigeria's economy grow by 4.1%, worries about rising food prices, poverty

THE combined impact of the Middle East conflict, persistent inflation and growing

Higher prices may worsen Nigeria's poverty, IMF warns

The IMF warns that higher prices for essential goods could deepen poverty and worsen food insecurity in Nigeria despite recent economic stability. Read More: https://punchng.com/higher-prices-may-worsen-nigerias-poverty-imf-warns/

IMF: Rising cost of essentials to push more Nigerians into poverty

…Projects Nigeria’s GDP at 4.1% in 2026, 4.3% in 2027 …Cuts global growth forecast to 3.0% for 2026 …Says improved macroeconomic stability supports Nigeria’s economy By Babajide Komolafe, Economy Editor The International Monetary Fund, IMF, has warned that rising prices of essential goods will deepen poverty and food insecurity in Nigeria despite improved macroeconomic stability, […] The post IMF: Rising cost of essentials to push more Nigerians…

IMF sees Nigeria weathering global uncertainty on reform gains

Nigeria is expected to remain one of Sub-Saharan Africa’s stronger-performing economies despite escalating geopolitical tensions and a weakening global economy, with the International Monetary Fund (IMF) maintaining its growth forecasts on the back of ongoing macroeconomic reforms. In its July 2026 World Economic Outlook (WEO) Update, Global Economy in Crosscurrents of War and Technology, the […] The post IMF sees Nigeria weathering global uncer…

Inflation Risks Nigeria’s Poverty Reduction Progress – IMF - Economi Confidential

Inflation Risks Nigeria’s Poverty Reduction Progress – IMF   The International Monetary Fund (IMF) has warned that rising prices of essential goods could deepen poverty and worsen food insecurity in Nigeria despite recent improvements in the country’s macroeconomic stability. The warning was contained in the IMF’s July 2026 World Economic Outlook Update, which projected that […] The post Inflation Risks Nigeria’s Poverty Reduction Progress – IMF…