Tinubu cites economic gains and says reforms must create jobs

At the 32nd Nigerian Economic Summit in Abuja, President Bola Tinubu said reforms were improving investor confidence and cited economic growth and higher capital inflows. He also said progress should be judged by whether it delivers productive jobs, higher productivity and better living standards.

• Tinubu, represented at the Abuja summit by Vice-President Kashim Shettima, said the government’s reforms were intended to address structural barriers and support investment and employment.· 2 sources
• He cited inflation-adjusted GDP growth of 3.89% in the first quarter of 2026, compared with 3.13% in the same period of 2025, and said non-oil activities accounted for 96.08% of GDP.· 3 sources
• Tinubu said capital importation reached $10.37 billion in the first quarter of 2026, up 83.83% from the corresponding period in 2025.· 3 sources
• He said reforms must lead to better-quality jobs, less underemployment and improved productivity, and called for economic performance to be assessed by its effects on livelihoods.· 3 sources
• Other summit speakers included UN Deputy Secretary-General Amina Mohammed, who urged consolidation of reform progress, and Finance Minister Taiwo Oyedele, who presented a proposed Nigerian Economic Policy Framework.· 1 source