The Centre for the Promotion of Private Enterprise (CPPE) has predicted a more robust growth phase with tangible improvements in living standards of Nigerians in 2026 if reform momentum is sustained and security challenges are effectively addressed.
The centre, in a statement by its Chief Executive Officer, Dr Muda Yusuf, on Sunday, described the outlook for 2026 as reassuring, with expectations of stronger growth, easing inflation, improving investor confidence and a gradual shift towards more inclusive expansion.
These optimisms, according to the centre, hinged on the fact that 2025 had laid a ‘solid foundation of macroeconomic stability’.
While the Centre also called for cautious optimism, it noted that with reform momentum sustained, Nigeria would transition more decisively from stabilisation to growth.
The CPPE identified the Service sector, especially telecommunications, finance, construction, real estate and trade, as the primary growth engine, adding that the potential listing of Dangote Refinery would go a long way in deepening market liquidity and attract domestic and foreign portfolio inflows.
It noted that despite the improving trajectory, security challenges would continue to constrain agriculture, logistics and investment.
The centre added that while high power energy and logistics costs would continue to weigh on real-sector productivity, geopolitical tensions could affect trade flows, commodity prices and capital movements.
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