President Bola Tinubu’s administration has made significant strides in turning around Nigeria’s economy. The country’s GDP has risen to N372.8 trillion in 2024, up from N309.5 trillion in 2023, with revenue collection jumping to N25.2 trillion in 2024. The debt service-to-revenue ratio has also dropped from 97% to below 50%, thanks to improved fiscal management.
Tinubu’s policies, including the removal of fuel subsidies and unification of foreign exchange rates, have been credited with stabilizing the economy. The president has also prioritized agriculture and solid minerals to create jobs and strengthen the economy.
With inflation moderating to 15.8% in 2026 and a projected GDP growth rate of 4.6% this year, Nigeria is poised for economic recovery.
