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The NESG’s H1 2026 trade report ranks access to financing first, shows operating profit slipping to 98.1 into contraction, and finds investment plans stuck at neutral despite 156.1 expectations.
Agriculture and Food Security Minister Abubakar Kyari told the Nigerian Economic Summit that post-harvest losses cost the economy about $10 billion annually, with grains losing 15 to 20 per cent in traditional storage and fruit and vegetables losing 60 to 70 per cent.
A Nigerian Economic Summit Group survey covering 18,000 households and 9,097 businesses found 74.4 per cent of households accept the government's right to collect taxes, yet trust in tax authorities remains low and 67.2 per cent reported paying informal levies.
President Bola Tinubu told the opening of the 32nd Nigerian Economic Summit in Abuja on Monday, October 26, that his administration is rewriting what he called the country’s decades-old story of economic underperformance, as lawmakers, ministers and private-sector leaders gathered for this year’s edition.