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Nigerians May Wait 12–20 Years for Full Benefits of Tinubu’s Reforms, Say Economists

Economists have said Nigerians may need to wait between 12 and 20 years to fully feel the benefits of President Bola Tinubu’s economic reforms.

They explained that the measures are more likely to bring gradual improvements in productivity and real incomes rather than quick relief from high prices and falling purchasing power.

The experts told Nairametrics that major structural reforms usually involve a difficult adjustment period before their gains become clear. They added that the speed of progress will depend largely on policy stability, infrastructure development, the rule of law and investments in productive sectors of the economy.

According to them, the current reforms are designed to address long-standing structural problems in the economy. While some early signs of stabilisation may appear sooner, the full impact on living standards and incomes is expected to take longer to materialise.

The economists stressed that consistent implementation and continuity of policies will be critical. Without sustained effort in key areas such as infrastructure and the rule of law, the benefits of the reforms could be delayed further.

The assessment comes as many Nigerians continue to face economic pressures. The experts noted that patience will be required, but also highlighted the need for steady progress in productivity and income growth over the coming years.

Photo credit: Punch Newspaper

Eniola Odetoye

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