Inflation Will Reduce Further in 2026, Tinubu Assures Nigerians

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President Bola Ahmed Tinubu has assured Nigerians that inflation will continue to ease in 2026, building on the economic gains and reforms achieved in 2025.

In his New Year message, President Tinubu highlighted that headline inflation moderated to 14.45% in November 2025, down from 16.05% the previous month, reflecting sustained improvements in the country’s economic indicators. He attributed this positive trend to stronger macroeconomic fundamentals, including trade surpluses, stability in foreign exchange, and growing foreign reserves.

According to the President, Nigeria’s foreign reserves stood at approximately $45.4 billion as of late December 2025, providing a buffer against external shocks and supporting the naira. He also emphasized that his administration will continue fiscal discipline and tax reforms, aimed at easing the burden on citizens while strengthening revenue generation.

President Tinubu expressed confidence that, with patience, unity, and continued reforms, Nigeria will emerge stronger in 2026, with falling inflation and broader economic benefits reaching households nationwide.

He further highlighted his administration’s goals for the year, including:

Inclusive economic growth and improved livelihoods for Nigerians. Sustained macroeconomic stability to accelerate prosperity across sectors. Consolidating gains from 2025 to build a more robust phase of economic growth.

The President’s assurances come as part of ongoing efforts to stabilize the economy and strengthen citizens’ confidence in the government’s economic policies.