Omo, na big news wey dey land for Naija economy as IMF don upgrade our growth forecast for 2026 to 4.4%. Dem don move am from 4.2% wey dem drop before. E be like say things dey start to shine small-small, abeg! This announcement wan land just days after World Bank sef don raise dem own projection for Naija this year for 3.7%, wey dem talk since June 2025.
According to IMF, dem give this upgrade thanks to beta macroeconomic conditions and as our leaders dey waka small for reforms. But make we no forget say dem still drop warning for us, say if global wahala no fit settle down for the Middle East and Ukraine, e fit affect our positive outlook. Na wa o, dem no go leave us alone!
The IMF also don talk say rising energy prices fit affect our growth outlook too. Dem sabi say energy commodity prices dey expect to drop by 7% in 2026 due to weak global demand. So, e mean say Naija government need to step up dem game — improve fiscal buffers and make dem reforms sharp-sharp make e no dey hard to survive for this economy.
Na different wahala dey happen globally too, IMF don forecast say worldwide economy go grow by 3.3% in 2026, showing say na so so challenge wey we dey face. Na only if Naija fit hold our reforms and dey ready to waka through any shock, then we go fit meet this growth target. Unu remember say, every little thing wey happen for the economy matter, and we dey watch am!
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