𝐍𝐢𝐠𝐞𝐫𝐢𝐚, 𝟐𝟎𝟐𝟕 𝐄𝐥𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐌𝐚𝐜𝐫𝐨 𝐚𝐧𝐝 𝐌𝐢𝐜𝐫𝐨 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐁𝐚𝐭𝐭𝐥𝐞
As Nigeria approaches the 2027 general elections, the country is entering a political season in which the economy will be as important as political calculations. The presidential and national assembly election is scheduled for 16 January 2027 , and the central question before Nigerians will increasingly move beyond who has the strongest political structure to who can deliver a more prosperous country. The battle will be fought on two interconnected fronts: the macroeconomic battle over inflation, exchange rates, public debt, revenue, investment and economic growth, and the microeconomic battle over food prices, wages, jobs, transportation, housing, electricity and the survival of households and businesses. The Tinubu administration has a strong macroeconomic argument to make. Its reforms have sought to correct structural distortions that successive governments had struggled to address, particularly around fuel subsidies, foreign exchange and public revenue. Economic projections...