BudgIT Nigeria has criticised the Federal Government’s emphasis on economic growth figures, insisting that the benefits of reforms must be reflected in Nigerians’ daily lives.
The civic-tech organisation noted that despite Q2 2026 GDP growth of 4.43% and rising government revenues, Nigerians continue to face high food, transport and business costs.
BudgIT pointed to food inflation of 20.31% in July and the rise in petrol prices from ₦617 per litre in July 2023 to about ₦1,345, saying these increases directly affect household purchasing power.
It also noted that state revenues rose from ₦4.8 trillion in 2022 to ₦15.5 trillion in 2025, but argued that inflation, naira depreciation and rising debt obligations have limited the real impact of those gains.
“Nigerians cannot eat GDP growth,” BudgIT said, stressing that genuine economic progress should mean affordable food and transport, stronger household incomes, better public services and reduced poverty risks.
The organisation urged the government to ensure that economic reforms translate into tangible improvements in citizens’ everyday lives.
