IMF WELCOMES NIGERIA’S DECEMBER 2025 INFLATION OUTCOME, PRAISES NBS METHODOLOGICAL REFORMS

Abuja / Washington D.C., January 15, 2026

The International Monetary Fund (IMF) has welcomed Nigeria’s December 2025 inflation outcome, commending the methodological changes adopted by the National Bureau of Statistics (NBS) in the measurement of inflation.
According to the IMF, the revised approach aligns Nigeria’s inflation measurement framework with international best practices, enhances data credibility, and supports broader efforts aimed at achieving macroeconomic stability.

The Fund noted that the updated methodology improves the accuracy and representativeness of inflation data by better reflecting current consumption patterns and price dynamics across the economy. This, it said, will strengthen economic analysis, policy formulation, and decision-making by both monetary and fiscal authorities.

The IMF further emphasized that credible and transparent statistical processes are critical for effective economic management, investor confidence, and public trust. It added that the reforms by the NBS represent a positive step toward strengthening Nigeria’s statistical system and improving the quality of macroeconomic indicators.

The endorsement comes as Nigeria continues to implement economic reforms targeted at stabilising prices, boosting growth, and improving living standards. The IMF reiterated its support for ongoing reforms and encouraged sustained commitment to data transparency and sound economic policies.