The Nigerian economy appears to be sending encouraging signals, at least on paper. Gross domestic product is growing, inflation is significantly lower than its 2024 peak, external reserves have strengthened, the naira has become relatively more stable, and international financial institutions are cautiously optimistic about the nation’s prospects.
Meanwhile, outside official reports and economic forecasts, many Nigerians ask a simple question: Where are the benefits?
For millions of households, life has not become easier. Food prices remain painfully high, electricity is unreliable, transport fares continue to rise, rents have become unaffordable, businesses are closing under the weight of operating costs, and unemployment remains widespread. And the disconnect between macroeconomic indicators and the daily reality of citizens is becoming increasingly difficult to ignore.
Economic statistics are important because they help policymakers measure progress. But statistics alone do not feed families, create jobs or restore purchasing power. The true measure of economic
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