NISER Projects Nigerian Economy Growth from 2026 to 2028

The Nigerian Institute of Social and Economic Research (NISER) presented its latest economic outlook for Nigeria covering the period from 2026 to 2028 during a research seminar held in Ibadan. The seminar's theme was "Prospect of the Nigerian Economy 2026-2028." NISER's macroeconometric model version 24 forecasts a gradual stabilization and moderate recovery of the Nigerian economy over the next three years, driven by ongoing economic reforms, improved government revenue performance, and stronger fiscal conditions.

The report projects Nigeria's Gross Domestic Product (GDP) growth rates to increase steadily from 3.92% in 2025 to 5.02% in 2028. Additionally, it anticipates a steady decline in inflation rates, with headline inflation expected to reduce from 15.15% in 2025 to 5.61% in 2028.

The report also indicates gradual improvements in Nigeria's fiscal sustainability, particularly in the debt service to revenue ratio, which is expected to remain at sustainable levels compared to pressures experienced earlier in 2020.