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Experts Predict Nigeria Will Exceed IMF’s 3.9% Growth Forecast in 2025

Economic experts have expressed optimism that Nigeria’s economy will outperform the International Monetary Fund (IMF)’s 3.9% growth projection for 2025. The IMF had earlier projected moderate growth driven by oil sector recovery, improved fiscal management, and structural reforms.

However, analysts from various financial institutions and think tanks believe the figure underestimates the potential impact of ongoing economic diversification efforts, infrastructure expansion, and increased private sector participation.

Dr. Bisi Adetola, a senior economist at the Lagos Business School, noted that sustained reforms in energy pricing, foreign exchange management, and agriculture could push growth above 4.5% by the end of 2025. “With rising foreign investments and export growth, Nigeria’s economy is positioned for a stronger rebound than IMF anticipates,” she said.

The experts also highlighted the role of digital innovation and industrial expansion as key growth drivers, urging the government to maintain policy consistency and tackle inflationary pressures to sustain momentum.

The Federal Ministry of Finance welcomed the projections, affirming that ongoing fiscal discipline and capital investments will boost productivity across critical sectors including manufacturing, technology, and transportation.