By Taiye Olayemi
The Nigerian Financial Summit Group (NESG) has referred to as on authorities, business leaders, and stakeholders to consolidate current financial stabilisation good points, warning that stability alone is inadequate to ship prosperity.
Talking on the launch of the 2026 Macroeconomic Outlook, on Thursday in Lagos. NESG Chairman, Mr Niyi Yusuf, stated Nigeria had emerged from one of the crucial difficult adjustment durations in its current financial historical past.
He stated the main focus should now shift to translating stability into inclusive development.
The theme of the programme is “Consolidating Financial Stabilisation Positive factors: Pathway to Sustainable Progress in Nigeria”.
Yusuf stated that the economic system grew by 3.8 per cent within the first 9 months of 2025, up from 3.2 per cent in the identical interval of 2024, pushed largely by companies sectors reminiscent of monetary companies, transport, and ICT.
“Industrial output expanded practically 5 per cent, supported by oil, gasoline, and building actions, whereas headline inflation moderated from over 33 per cent in 2024 to round 21 per cent in 2025,” he stated.
Nevertheless, the NESG chairman famous persistent structural challenges.
He stated manufacturing remained constrained by excessive vitality prices and restricted entry to international alternate, agriculture output lags resulting from insecurity and rising logistics prices.
He defined that family buying energy remained weak, affecting commerce exercise.
“Stabilisation is a crucial situation for development, however it isn’t adequate.
“The vital query is how we consolidate these good points in order that financial development interprets into improved welfare, jobs, and productiveness,” he stated.
Yusuf defined that consolidation required coherent insurance policies, institutional strengthening, and deliberate elimination of bottlenecks that constrained output, funding, and competitiveness.
Yusuf emphasised the necessity to keep reform momentum, warning that reform reversal could be way more pricey than momentary reform fatigue.
The 2026 Macroeconomic Outlook launch additionally featured the comfortable launch of the Nationwide Industrial Coverage by the Federal Ministry of Business, Commerce and Funding, in addition to commentary on the December Inflation Report by Prince Adeyemi Adeniran, the Statistician-Common of the Federation.
Yusuf described these occasions as proof of strengthened public-private sector collaboration geared toward sustaining financial development.
He urged all stakeholders to make sure that the sacrifices made throughout the stabilisation section translate into alternative, productiveness, and shared prosperity for Nigerians.
