26/05/2026
NISER PROJECTS NIGERIAN ECONOMY FOR YEAR 2026–2028
The Nigerian Institute of Social and Economic Research (NISER), on Monday 25th May, 2026, held the latest edition of the NISER Research Seminar Series (NRSS) at the Institute’s Conference Room to present projections on the prospects of the Nigerian economy from 2026–2028.
The seminar featured both physical and virtual participants.
Declaring the seminar open, the Director-General of Nigerian Institute of Social and Economic Research, Professor Antonia Simbine, described the projections as evidence-based research aimed at guiding Nigeria through current economic challenges.
She noted that the projections were developed from an assessment of previous economic trends and government reforms, especially efforts to cushion the effects of fuel subsidy removal.
She expressed optimism that the 2026–2028 outlook would witness growth in non-oil activities, infrastructural development, and economic diversification, while commending the Federal Government’s reform initiatives.
Presenting the paper, Dr. Segun Awode stated that the projections indicate improved economic performance driven by reforms and infrastructure investments.
According to him, the gains would include improved forex inflow, exchange rate stability, increased government revenue, and enhanced trade opportunities, although challenges such as inflation and high transportation costs may persist.
Key projections highlighted include:
* Steady GDP growth
* Declining inflation,
* Improved fiscal performance
* Reduced unemployment rates between 2026 and 2028.
The discussants, Professor Sulaiman Yusuf and Elder David Adeosun, commended the NISER macro-economic modelling team for the quality of the projections while calling for stronger welfare policies, improved social data systems, and greater inter-agency collaboration to support effective policy implementation.
The seminar ended with closing remarks by Professor Oluwakemi Okuwa, who appreciated the Director-General, presenters, discussants, and participants for their contributions to the successful seminar.
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