Executive Board
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Board Discussions
on Nigeria:

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February 27, 2015
February 21, 2014
February 6, 2013
February 22, 2012
February 11, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 7 7.3
Consumer Prices 8.3 8.7
Source: World Economic Outlook (October 2014)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Nigeria: Financial Position in the Fund

Transactions with the Fund


Africa Training Institute

IMF Resident Representative
Office in Nigeria

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Nigeria and the IMF
Updated January 23, 2015

The last Article IV Executive Board Consultation was on February 27, 2015. Listed below are items related to Nigeria, in reverse chronological order (you can also view items by category).

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July 01, 2002 -- Poverty in a Wealthy Economy: The Case of Nigeria
Author/Editor: Thomas, Saji | Canagarajah, Sudharshan
Series: Working Paper No. 02/114
July 01, 2002 -- Poverty in a Wealthy Economy: The Case of Nigeria
Author/Editor: Thomas, Saji | Canagarajah, Sudharshan
Series: Working Paper No. 02/114
April 19, 2002 -- Transcript of a Press Briefing with G-24 Ministers
April 15, 2002 -- The IMF and Nigeria, an Enduring Relationship, A Commentary by Gary G. Moser, IMF Resident Representative in Nigeria
March 06, 2002 -- Nigeria -- Concluding Statement, IMF Staff Visit To Review Staff Monitored Program
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
November 17, 2001 -- Statement by Ms. Linah K. Mohohlo, Governor of the Bank of Botswana, at the International Monetary and Financial Committee, Ottawa, November 17, 2001
The International Monetary and Financial Committee statement on behalf of Angola, Botswana, Burundi, The Gambia, Kenya, Ethiopia, Eritrea, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe
November 14, 2001 -- G-24 Press Conference Transcript
Ministers expressed concern about the sharp slowdown in activity, especially the synchronized nature of the downturn among the three major economies; that is, those of the United States of America, Germany, and Japan. These negative developments will severely affect developing countries through lower external demand for our products, declining commodity prices, lower tourist receipts, and a sharp fall in access to foreign direct investment and capital markets, along with much higher spreads in the cost of financing.
August 06, 2001 -- Public Information Notice: IMF Concludes 2001 Article IV Consultation with Nigeria
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
August 06, 2001 -- IMF Report Invites Readers to make their own Judgment -- A Letter to the Editor by G.E. Gondwe, Director, African Department, IMF
August 06, 2001 -- Nigeria: 2001 Article IV Consultation--Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 01/131
August 06, 2001 -- Nigeria: Selected Issues and Statistical Appendix
Series: Country Report No. 01/132
August 06, 2001 -- Nigeria: 2001 Article IV Consultation--Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 01/131
August 06, 2001 -- Nigeria: Selected Issues and Statistical Appendix
Series: Country Report No. 01/132
August 01, 2001 -- Consumption-Based Interest Rate and the Present-Value Model of the Current Account--Evidence from Nigeria
Author/Editor: Adedeji, Olumuyiwa
Series: Working Paper No. 01/93
August 01, 2001 -- Consumption-Based Interest Rate and the Present-Value Model of the Current Account--Evidence from Nigeria
Author/Editor: Adedeji, Olumuyiwa
Series: Working Paper No. 01/93
June 01, 2001 -- The Size and Sustainability of the Nigerian Current Account Deficits
Author/Editor: Adedeji, Olumuyiwa
Series: Working Paper No. 01/87
June 01, 2001 -- The Size and Sustainability of the Nigerian Current Account Deficits
Author/Editor: Adedeji, Olumuyiwa
Series: Working Paper No. 01/87
April 28, 2001 -- Transcript -- Press Conference - Chairman of the Ministers of the Group of 24
March 07, 2001 -- Transcript of a Press Conference on the Outcomes of the Recent Köhler/Wolfensohn Trip to Africa by IMF African Department Director, G.G. Gondwe and World Bank Vice-President, African Region, Callisto Madavo
What's new from this trip is that, for the first time, I think we have the African leaders in a sense taking ownership of what they want to do in Africa, what is their vision, what are their programs, what are their constraints, on one side, and, therefore, what are the responsibilities that they need to discharge, and then asking the Bank and the Fund, given the backdrop of those objectives, to help.
March 01, 2001 -- Finance & Development, March 2001 - Point/Counterpoint - The Pros and Cons of Expanded Monetary Union in West Africa
R.D. Asante and Paul Robert Masson talk with Jacqueline Irving of the IMF's External Relations Department

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