Tinubu's Reforms Fail to Enhance Nigerians' Living Standards

The Centre for the Promotion of Private Enterprise (CPPE) reported that the economic gains from President Bola Tinubu's reform programme have not yet improved living conditions for ordinary Nigerians. Dr. Muda Yusuf, CPPE Chief Executive Officer, acknowledged improvements in key economic indicators such as government revenues, foreign exchange market stability, external reserves, trade surplus, and investor confidence.

However, he noted that the benefits of macroeconomic stabilization have not sufficiently reached households, which continue to experience high costs and weak purchasing power. Yusuf highlighted that Nigeria’s real Gross Domestic Product growth rose to 3.89% in the first quarter of 2026, up from 3.13% in the same period of 2025.

He emphasized that the real test of the reforms lies in delivering higher productivity, stronger investment, more jobs, lower poverty, and improved living standards. Yusuf called for the next phase of reforms to focus on productivity and household welfare, urging state governments to ensure that increased revenues lead to visible improvements in essential services.