Story perspectives

IMF and Nigeria Discuss Reforms to Boost Economy

11/11/2025

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Summary

Story summary

The International Monetary Fund (IMF) and the Federal Government of Nigeria began discussions in Abuja on economic reforms and the 2026–2030 National Development Plan.
Led by Axel Schimmelpfennig, the IMF delegation is reviewing Nigeria's fiscal priorities and reform trajectory.
The Federal Executive Council approved three policies for the Federal Civil Service—Rewards and Recognition Policy, Incentive and Consequence Management Policy, and Civil Service Mentoring Policy—to boost productivity and accountability.

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Story summary

The International Monetary Fund (IMF) and the Federal Government of Nigeria began discussions in Abuja on economic reforms and the 2026–2030 National Development Plan.
Led by Axel Schimmelpfennig, the IMF delegation is reviewing Nigeria's fiscal priorities and reform trajectory.
The Federal Executive Council approved three policies for the Federal Civil Service—Rewards and Recognition Policy, Incentive and Consequence Management Policy, and Civil Service Mentoring Policy—to boost productivity and accountability.