Muda Yusuf, director and chief executive officer of the Centre for the Promotion of Private Enterprise (CPPE)
Reversing Nigeria’s economic reforms would undermine investor confidence, weaken fiscal stability, and destabilise the foreign-exchange market, the Centre for the Promotion of Private Enterprise (CPPE) has warned, urging the Federal Government to sustain the reform trajectory while refining its implementation.
The warning was contained in CPPE’s assessment of the Federal Government’s economic reform scorecard, where the private-sector advocacy group said abandoning the reforms could reintroduce the distortions they were designed to correct and trigger significant economic dislocation.
According to Muda Yusuf, chief executive officer of CPPE, the reforms have delivered measurable macroeconomic gains, including stronger government revenues, greater stability in the foreign-exchange market, improved external reserves, an expanded trade surplus, and a recovery in investor confidence.
Real GDP growth also strengthened to 3.89 percent in the first quarter of 2026, from 3.13 percent in the corresponding quarter of 2025.
