Nigeria’s Economy Is Growing, But Are Citizens Feeling It?
Nigeria’s economic indicators are showing major gains under President Bola Tinubu’s administration, with GDP growth reported at 4.2%, above population growth of 2.1%, stock market capitalisation reaching $112 billion and foreign reserves expanding. But questions remain over whether these achievements are translating into better living conditions for ordinary Nigerians.
Business Owner and Public Affairs Analyst Adebayo Salako, alongside Dr Femi Egbesola, President of the Association of Small Business Owners of Nigeria, discuss the gap between macroeconomic progress and everyday realities. They examine how data-driven planning, wealth distribution and support for small businesses could determine whether economic growth leads to wider prosperity.
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