Democracy Watch Initiative Praises Tinubu's Economic Policies

The Democracy Watch Initiative (DWI) commended President Bola Tinubu's economic policies, citing reports from Bloomberg Economics and the World Bank that reflect improvements in Nigeria's investment climate, economic growth, and fiscal performance. Dr Tunji Bamidele, DWI's Director of Strategic Communication, stated that the reports indicate progress under the Federal Government’s Renewed Hope Agenda.

The 2026 Bloomberg Economics Investment Risk-O-Meter ranked Nigeria 8th in Africa, a rise of four places, due to advancements in fiscal policy, foreign exchange management, and the power sector. The World Bank's October 2026 Nigeria Development Update reported that Nigeria's poverty rate has stabilized for the first time since 2019, with a projected decline as economic growth surpasses population growth.

The national economy expanded by 4.2% in the first half of 2026, up from 3.9% in the same period of 2025, with medium-term projections averaging 4.4% from 2026 to 2028. Inflation decreased from 27.6% in early 2025 to 15.2% by December 2025, with expectations to further ease to 12% by 2028.