Nigeria economy don begin show signs of stabilization, my people! Central Bank of Nigeria (CBN) don project say growth go increase and inflation go dey low for 2026. Dem talk say GDP go rise by 4.49 percent, and average inflation go be 12.94 percent, wetin dey sweet our belle!
CBN dey expect say external reserves go jump to $51.04 billion, all thanks to some big reforms wey dem don dey push. This go happen as dem dey increase oil production, restructure fiscal matters, and teach market discipline how e go take behave well.
Olayemi Cardoso, the CBN Governor wey sabi wetin e dey talk, don yarn say dem don dey do plenty work wey go restore credibility and transparency. E talk this one for the annual Bankers Dinner, where e put mouth for the matter say they don really make progress.
The CBN dey put policies wey go moderate inflation, boost growth, and increase our foreign reserves. The way wey dem dey go, dem talk say reserves go reach $51.04 billion up from $45.01 billion last year. Na quality crude outputs, local refining, and better remittances dey fuel dis optimism.
Analysts wey sabi market well, from United Capital Research, don talk say Nigeria reserves go continue to grow because oil exports dey strong, diaspora remittances dey enter, and trade balance dey favor us. Wetin dem dey talk dey make sense, as the CBN dey get beta flex to correct any FX market wahala soon.
For real, as inflation dey go down from 34.6 percent to about 14.50 percent over eight months, na so true purchasing power dey return. Cardoso talk say dem wan bring inflation down further as dat na the key to real growth. E dey sure for dem as dem dey move for a better inflation-targeting approach.
But no be only the good news we dey hear. IMF don talk say despite the work wey Nigerian government don do, many citizens still dey struggle with poverty and food insecurity. Dem don shout say gains from the economy never reach everybody. Dem further stress say policy stability dey important, but make sure say wetin dem dey do translate to better living condition for all of us!
The CBN Deputy Governor, Ms Emem Usoro, don confirm say na im be real challenge wey dey face us now. Even though progress dey happen, more work dey ground to improve life for Nigerians. We need better macroeconomic fundamentals to fit make sure say every Nigerian dey benefit.
Dr Baba Musa, the Director-General of the West African Institute for Financial and Economic Management don drop some wisdom as him talk say Nigeria’s economic strength na resilience and recalibration, but make we no lose focus on reform consistency. Them need bring concrete improvement for the daily lives of the people!
As Nigeria dey prepare for better days ahead, say we get higher predictions for current account surplus, many pipo dey observe how forte of oil production, diaspora inflows, and non-oil performance go help us shine better. But dem still dey warn say no be all smooth sail, as fiscal pressures and global shocks fit still cause wahala.
As we dey gather this gist, one thing wey sure be say if Nigeria fit get better performance for non-oil and oil sector, the future go dey bright. With all these sentiments and projections, let us dey pray for gbasky changes wey go affect every street, every home, and every Nigerian! This na the real test wey matter wey concern all of us!
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