A high-level delegation from the International Monetary Fund (IMF), has met with the Minister of Budget and Economic Planning, Senator Abubakar Bagudu, to discuss preparations for the 2026–2030 National Development Plan.
The visit, which took place over the weekend, was led by IMF’s Assistant Director of the African Department, Mr Axel Schimmelpfennig,
In his opening remarks, Schimmelpfennig commended the nation’s reform momentum and stated the IMF’s interest in understanding how the country’s medium-term strategy aligned with its larger growth agenda.
He observed that while pre-election years often brought uncertainty, the nation’s consistent policy coherence highlighted its institutional maturity.
Responding to the IMF official’s inquiry about Nigeria’s medium-term outlook and the upcoming National Development Plan, Bagudu reaffirmed the government’s commitment to aligning fiscal reforms with national planning
He further expressed gratitude for the IMF’s constructive engagement and technical assistance over the past two and a half years.
News edited by Favour Owonibi