Nigeria's government has set a growth target of 7% for 2027, exceeding the IMF's forecast of 4.3% for the same period. The country is pursuing accelerated reforms and attempting to bring inflation under control to achieve the higher target.
The IMF said growth should reach 4.3% in 2027, according to its projections. Nigeria's ambitions suggest the government believes its policy efforts will deliver substantially faster expansion than the fund's estimate.