Nigeria’s Economy: Stability for Whom?

The article discusses Nigeria's economic indicators, noting that the naira has stabilized, foreign exchange liquidity has improved, government revenues have risen, inflation is moderating, and real GDP grew by 4.43 per cent in the second quarter of 2026. However, it argues that these improvements have not translated into tangible benefits for ordinary Nigerians, who continue to face high costs of living. The piece emphasizes that true economic stability should be measured by the ability of citizens to afford basic necessities such as food, transport, electricity, rent, healthcare, and education. It concludes that while economic managers may celebrate improving indicators, the lived reality of many Nigerians remains difficult.

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