Nigeria’s poverty rate is projected to remain broadly unchanged at 63 percent in 2026 despite improvements in macroeconomic stability, underscoring the difficulty of translating lower inflation, a more stable naira and stronger economic growth into better living conditions for households, according to Strategy&’s H2 2026 Nigeria Economic Outlook.
“Poverty rates remain elevated and are projected to remain broadly unchanged in 2026, indicating limited gains from the recent macroeconomic stabilisation,” Strategy& said.
The report also noted that undernourishment increased from 10.8 percent in 2015–2017 to 19.9 percent in 2022–2024, reflecting continued pressure on household food affordability and access.
The weak transmission from macroeconomic stability to household welfare comes even as Nigeria enters the second half of the year with a more favourable economic outlook.
Strategy& projects the economy to grow by 4.2 percent in H2 2026, supported by higher crude oil production and stronger performance in dominant sectors.
