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Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 7.1 7
Consumer Prices 7.3 7.0
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Nigeria: Financial Position in the Fund

Transactions with the Fund


IMF Resident Representative
Office in Nigeria

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Nigeria and the IMF
Updated April 22, 2014

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Transcripts
April 10, 2014 -- Transcript of a Press Briefing by IMF Managing Director Christine Lagarde
October 10, 2013 -- Transcript of a Press Conference of the Managing Director
April 11, 2013 -- Transcript of the African Finance Ministers Press Conference
September 22, 2011 -- Transcript of a Civil Society Organizations Town Hall
March 03, 2011 -- Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations Department, International Monetary Fund
October 12, 2010 -- Transcript of the Civil Society Organizations Townhall Meeting
April 24, 2010 -- Transcript of a Press Conference on the International Monetary and Financial Committee's 2010 Spring Meeting
April 23, 2010 -- Transcript of a Press Briefing on the IMF's Economic Outlook for Sub-Saharan Africa
October 22, 2009 -- Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations, IMF
October 01, 2009 -- Transcript of Press Briefing on the International Monetary Fund's World Economic Outlook by Olivier Blanchard, IMF Economic Counsellor and Director of the Research Department
September 30, 2009 -- Transcript of the Global Financial Stability Report Press Conference with Jose Viñals, Financial Counsellor and Director of the Monetary and Capital Markets Department
May 15, 2009 -- Transcript of a Conference Call with Civil Society Organizations (CSOs) on the IMF Low-Income Countries (LIC) Facilities Review
April 22, 2009 -- Transcript of a Press Conference on the Spring 2009 Global Financial Stability Report, IMF
April 15, 2009 -- Transcript of a Conference Call with Civil Society Organizations (CSOs) on IMF Facilities Reform
April 11, 2008 -- Transcript of a Press Briefing by the Chairman of the Intergovernmental Group of 24 on Monetary Affairs and Development ("G-24"), Mr. Jean-Claude Masangu Mulongo.
February 15, 2008 -- Transcript of a Conference Call on Nigeria 2007 Article IV Consultation
November 27, 2007 -- Transcript of IMF staff conference call with ActionAid to discuss the Policy Support Instrument (PSI)
October 20, 2007 -- Transcript of a Press Briefing on the Sub-Saharan Africa Regional Economic Outlook
October 20, 2007 -- Transcript of a Press Conference by African Finance Ministers
October 15, 2007 -- Transcript of a Press Briefing by Rodrigo de Rato, Managing Director, International Monetary Fund
June 21, 2007 -- Transcript of a Press Briefing by Masood Ahmed, Director of External Relations Department, with Carlo Cottarelli, Deputy Director, and Tessa Van der Willigen, Assistant Director of Policy Development and Review Department
November 15, 2006 -- Transcript of an IMF Center Book Forum -- Handbook on Fiscal Federalism
September 16, 2006 -- Transcript of a Press Briefing on the IMF Africa Regional Economic Outlook
September 15, 2006 -- Transcript of Civil Society Organizations Town Hall Meeting with IMF Managing Director Rodrigo de Rato, and World Bank President Paul Wolfowitz
April 21, 2006 -- Transcript of the Press Conference on the Regional Outlook for Sub-Saharan Africa
September 25, 2005 -- Transcript of Presentations by African Ministers - 2005 Annual Meetings
September 23, 2005 -- Transcript of a Press Conference on the Regional Outlook for Sub-Saharan Africa with Abdoulaye Bio Tchané, Director, Siddharth Tiwari, Deputy Director, and Benedicte Christensen, Deputy Director of African Department, International Monetary Fund
July 07, 2005 -- Transcript of a Press Briefing with Thomas Dawson, Director of External Relations Department, IMF
April 14, 2005 -- Transcript of a Press Conference on the Regional Outlook for Sub-Saharan Africa, by Abdoulaye Bio Tchané, Director, African Department, IMF
October 06, 2004 -- Transcript of an IMF Book Forum, Rules-Based Fiscal Policy In Emerging Markets
October 03, 2004 -- Transcript of the African Finance Ministers Press Conference
during the 2004 Annual Meetings
October 01, 2004 -- Transcript of a Press Briefing on Sub-Saharan Africa Regional Economic Outlook
September 30, 2004 -- Transcript of a Joint IMF/World Bank Town Hall with Civil Society Organizations
September 20, 2003 -- Transcript of a Press Conference of African Finance Ministers
September 28, 2002 -- African Finance Ministers Press Briefing
This press conference is a unique opportunity for African Governors to express their views on issues of interest to them with regards to their relations with the IMF and the World Bank. This is also, indeed, an opportunity for the reporters to get first-hand information from some of the people who struggle on a daily basis with the debt burden, poverty and pandemics.
September 27, 2002 -- Transcript of a Press Conference of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development
Ministers expressed concern about the deterioration in the world economy, and noted that risks to the outlook remained on the downside. In particular, there was much concern about the fragility in investor confidence and the decline in the equity markets, which has been due in part to problems in corporate governance in industrial countries.
August 29, 2002 -- Transcript of a Press Briefing By Thomas C. Dawson, Director, External Relations Department, IMF
This is another of our regular press briefings, although it is our first briefing since August 1st. We'll be moving back to a two-week schedule at this point now that the Executive Board recess has ended.
April 19, 2002 -- Transcript of a Press Briefing with G-24 Ministers
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.
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.
August 07, 2000 -- Transcript of a Question and Answer Session Following an Address by Horst Köhler on The IMF in a Changing World
Includes about 30 minutes of questions and answers.
June 13, 2000 -- Transcript of a Press Briefing by Thomas Dawson, Director, IMF External Relations Department
There will be a number of events, meetings and so on, that the Fund management and staff will be having in anticipation and in the run-up to the Annual Meetings, particularly what I think I would describe as outreach, both with nongovernmental organizations and civil society, but also with media events in the three months prior, running up to the meetings.
May 04, 2000 -- Transcript of a Press Briefing by Thomas Dawson, Director, IMF External Relations Department
The new Managing Director did arrive at approximately 8:05 on Tuesday morning, May 2nd, and is at work.
April 15, 2000 -- Transcript of a Press Conference by the G-24 Ministers
Much work remains to be done in order to reduce the gap between the richest and the poorest countries of the world. With this in mind, the communique underscores the importance of strengthening the efforts to fight poverty, including the timely and adequate funding of the Enhanced HIPC Initiative and lowering barriers to developing country exports.
January 12, 2000 -- Transcript of a press briefing by videoteleconference by Michel Camdessus, Managing Director, IMF, in advance of the Conference of African Heads of State, in Libreville, Gabon
We have been in a dialogue with your countries throughout these past years, and particularly last year, and you have told us in very clear words that this fight against poverty, this fight for reducing debt is a decisive obstacle to development.
April 23, 1999 -- Transcript of a World Bank/IMF Press Briefing on the Heavily Indebted Poor Countries (HIPCs) Debt Initiative
I'm sure you'll have specific questions about some of the recent activities with the Boards of both the IMF and the World Bank looking at some of the submissions from the donor governments and these NGOs that took place last week.