[REVISION HISTORY]

Nigeria development and economic reform agenda

Updated 17 times since CLSTR started tracking revisions of this situation.

What changed

2026-09-04 09:52 UTC → 2026-09-06 13:22 UTC · added ~~removed~~

Since May 2026, Vice President Kashim Shettima has driven a development agenda focused on human capital, bilateral relations, and economic reforms. Key initiatives include the Renewed Hope Baby Support programme, the Nigeria Jubilee Fellows Programme, and the NASENI community-empowerment scheme. Shettima has also promoted political neutrality within the Code of Conduct Bureau, strengthened strategic ties with Benin, and expanded cooperation with Poland. Economically, the administration has pursued an “$1 trillion economy” vision through the World Bank-backed SABER programme, the Invest Lagos 3.0 summit, and various MSME support funds. Industrial growth efforts include the commissioning of a lithium-processing plant in Nasarawa and reforms in the oil, gas, and power sectors. In August 2026, President Tinubu signed the Nigerian Ports Economic Regulatory Agency (NPERA) Bill, 2026, granting the Nigerian Shippers’ Council legal authority to regulate port activities. Addressing the energy sector, Tinubu pledged to revive idle refineries through a systematic, evidence-based restructuring and committed to expanding the Compressed Natural Gas (CNG) initiative. In late August 2026, the administration began reviving a governance model inspired by Chief Obafemi Awolowo’s ‘4-Cardinal Programme,’ focusing on free education and healthcare. This includes the National Education Loan Fund (NELFUND), which has reportedly enabled approximately 1.5 million students to access tertiary education, and efforts to rejuvenate primary healthcare centers and drug supply chains. However, the administration faces intense scrutiny regarding the disconnect between macroeconomic indicators and the rising cost of living. While Zacch Adedeji, Executive Chairman of the Nigeria Revenue Service, stated the country has moved past the “most acute phase of adjustment,” critics like Isaac Fayose have argued that Nigerians are instead “united in poverty and ~~sadness.” Fayose further claimed that~~ sadness,” claiming approximately 71 percent of the population has fallen into poverty.

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