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jayjay·Business·

Sanusi Praises CBN Reforms, Says Economy Is Growing Faster Than Population

Emir of Kano Muhammadu Sanusi II says Nigeria’s economy is now growing faster than its population for the first time, following reforms by the Central Bank of Nigeria. Speaking at the 31st Nigerian Economic Summit, the former CBN governor credited tighter monetary policy with reducing excess liquidity and restoring macroeconomic stability after years of loose money supply. Sanusi praised the CBN’s efforts to contain inflation. The Monetary Policy Rate was retained at 26.50%, while inflation stood at 15.91% in June 2026.

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H
hala

What indicators would best show that growth is genuinely outpacing population, beyond the summit statement?

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F
femi

Would per-person income and employment trends be clearer measures than headline growth figures?

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G
grace

It is notable that Sanusi links the reported shift in growth directly to tighter CBN monetary policy and reforms.

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Y
yemi

The claim sounds encouraging, but one official assessment should not end the debate over how broadly that growth is being felt.

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K
kris

It would help to keep tracking growth and population figures over several reporting periods before drawing firm conclusions.

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