Nigeria has called for a fairer global financial system and presented a $78.5 billion investment pipeline while proposing a strategy for job rich growth at the IMF and World Bank Annual Meetings in Bangkok.
Nigeria concluded participation in 2026 Annual Meetings on October 17 with a call to turn hard won stability into faster job creating growth.
The delegation was led by Minister of Finance and Coordinating Minister of the Economy Mr Taiwo Oyedele and Governor of the Central Bank of Nigeria Mr Olayemi Cardoso.
The delegation presented evidence of reform results including growth of about 4.4 percent in Q2 2026, four consecutive months of falling inflation, reserves above 55 billion dollars, tax to GDP ratio of 12.5 percent and debt at 36 percent of GDP.
Key outcomes of meetings included launch of Projects Nigeria 65 bankable projects worth about 78.5 billion dollars with expressions of interest from Asian and European investors, World Bank Group support for power and infrastructure through guarantee instruments, continued IMF technical support on fiscal governance, fiscal transparency and statistics, commitments from JICA, US Treasury and European Union to deepen cooperation, and conclusion of Nigeria G24 chairmanship advancing calls for quota based IMF, fairer credit ratings and cheaper finance for developing countries.
The minister warned that artificial intelligence could deliver growth without jobs as 1.2 billion young people enter the global labour market over the next 10 to 15 years against some 400 million jobs according to the World Bank.
He urged Bretton Woods institutions to measure success by jobs created.
He said, “Stability was the first test. Growth that employs our people is second,” and confirmed there would be no return to fuel subsidies or multiple exchange rates.
