Policy Memo
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- Policy Memo
By Samuel Ajayi | The economic reforms implemented in Nigeria since 2023, particularly the removal of petrol subsidy and exchange rate liberalisation, represent a necessary but disruptive shift toward macroeconomic stability. These reforms have corrected long-standing fiscal distortions, improved revenue flows, and created significant fiscal space across all tiers of government.
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- Policy Memo
By Hussaini Abdu | Nigeria is currently undergoing one of its most consequential economic reforms in decades. The removal of fuel subsidies in 2023, the unification of the exchange rate, and ongoing fiscal consolidation measures are intended to correct long-standing structural distortions and restore macroeconomic stability.
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- Policy Memo
By Wale Thompson | The 2023–24 foreign exchange reforms restored market logic, but the present FX market stability remains a function of high-interest-rate 'rent' rather than structural improvements. Without a shift toward earned stability, Nigeria remains one global shock away from a reversal of recent gains.
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- Policy Memo
By Franklin Iyamah | Recent public debate has again focused on the persistently high price of cement in Nigeria, particularly against the backdrop of strong and sustained profitability among the three dominant producers that control the domestic market. This outcome appears counterintuitive.
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- Policy Memo
By Kabir Adamu | The President Bola Tinubu administration, inaugurated on 29th May 2023, inherited a country grappling with a persistent and escalating crisis of insecurity despite the efforts of previous administrations.
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- Policy Memo
By Samuel Ajayi, Ayobami Ayorinde and Oluchi Nkeonye | Since Nigeria’s return to democracy in 1999, constituency projects have become a defining, though highly debated, feature of federal budgets.

