Shortly after taking office in 2023 President Bola Tinubu introduced Nigeria’s most significant economic reforms since 2007, including the removal of fuel subsidies and the decision to float the naira. While many economists argued that subsidy reform was overdue, the pace of change contributed to rising inflation and deeper pressure on household living standards. Although these measures are now credited with improving macroeconomic stability and investor confidence - Moody’s has revised Nigeria’s outlook to ‘positive’ from ‘stable’ citing its improved ability to withstand external shocks - the government faces growing questions about how reform can translate into more inclusive growth.
This event discusses:
- How will Nigeria ensure the benefits of reform reach a broader share of society?
- How might security challenges affect Nigeria’s economic trajectory?
- What progress has been made since the removal of fuel subsidies and the floating of the naira?
- How can the government address concerns over poverty, livelihoods and living costs?
- How will Nigeria maintain investor confidence amid global uncertainty?
- How is Nigeria preparing for the economic debate ahead of the 2027 presidential election?