Nigeria has moved beyond the most difficult phase of its economic reforms and is now focused on accelerating broad-based and inclusive growth, according to Taiwo Oyedele, minister of Finance and Coordinating minister of the Economy.
Speaking at the Nigeria Employers’ Summit 2026 organised by the Nigeria Employers’ Consultative Association (NECA) in Abuja, Oyedele said the next phase of the Federal Government’s reform agenda will focus on translating macroeconomic stability into tangible benefits for businesses and citizens through faster economic growth, lower inflation and expanded opportunities across key sectors.
According to the minister, the bold economic reforms introduced by President Bola Ahmed Tinubu’s administration helped Nigeria avoid an imminent economic collapse and laid the foundation for fiscal sustainability and long-term economic resilience.
“The reforms were not optional; they were necessary to prevent economic collapse. The task before us now is to consolidate the gains, deepen stability and accelerate productive, inclusive growth that improves the lives of Nigerians,” Oyedele said during a high-level panel session themed, ‘Reforms in Focus: The Milestones, the Challenges and the Prospects.’
