Figures cited by the **World Bank** and reported across Nigerian dailies show that Nigeria is finally turning a corner, with inflation easing to 15.1% as of early 2026. The World Bank’s Lead Economist for Nigeria, Fiseha Haile, credited this stabilization to a combination of tight monetary policy, a more stable exchange rate, and improved food supply chains.
Despite these macroeconomic gains, the report warns that household incomes have not yet recovered to pre-crisis levels and poverty rates remain stubbornly high. The growth outlook for 2026–2028 is projected at 4.2%, contingent on the government’s ability to maintain its reform momentum and increase investments in early childhood development and job creation.
**ThisDay** reported that “the CBN’s interest rate hikes in 2025 were the primary driver of this disinflation,” while **The Nation** noted that “experts warn Middle East tensions could still spark energy price shocks.”
**Echotitbits take:** On paper, the economy is healing, but the “dinner table” reality for most Nigerians remains tough. The government needs to pivot from stabilization to aggressive job creation if it wants to avoid social unrest despite the “good” numbers.
Source: The Cable — https://www.thecable.ng/world-bank-says-nigerias-reforms-have-started-paying-off/, April 11, 2026
Photo credit: The Cable
