Nigeria's Kalu Reports Economic Growth and Reforms in 2026

Hon. Benjamin Kalu, the Deputy Speaker of Nigeria’s House of Representatives, addressed the 153rd Inter-Parliamentary Union (IPU) Assembly in Tanzania, asserting that Nigeria's ongoing economic reforms are fostering growth and enhancing the ease of doing business. He reported a growth rate of 4.43% in the second quarter of 2026 and noted that inflation is easing, with external reserves exceeding $55 billion, the highest in nearly two decades.

Kalu emphasized the need for these economic gains to translate into real improvements in food security and job creation. He discussed the importance of digital skills and technological literacy for youth employment, mentioning that the National Assembly is investing in equipping young people for future job demands.

Kalu also outlined legislative priorities in health and security, including a constitutional amendment passed in June to allow state police, while stressing that security alone does not ensure peace. He underscored the necessity of addressing climate change as integral to all other agendas.