Investors bet on Tinubu’s re-election and reform continuity, Oyedele says

Nigeria’s Finance Minister, Taiwo Oyedele, said at the 2026 IMF and World Bank Annual Meetings in Bangkok that markets were pricing in Bola Tinubu’s re-election and continued reforms after the 2027 election. He said the government would not restore fuel subsidies or multiple exchange rates, adding that NNPC Retail’s petrol discount was a commercial decision. Reversing the reforms, he warned, would prompt capital outflows and put renewed pressure on the naira. Oyedele also expressed confidence that Nigeria’s economic growth would exceed IMF and World Bank projections.