No gain without pain, as the saying goes. The Renewed Hope economic reforms have driven Nigeria’s highest GDP growth since the post-COVID era—3.84 percent in Q4 2024, according to the National Bureau of Statistics (NBS).
But behind this figure lies a different story: millions remain in poverty as some sub-sectors vital to daily life fall short. Water is scarce. Electricity shortages cripple businesses. Roads are crumbling. Tourism, a potential goldmine, remains stagnant.
These struggling sub-sectors—water supply, sewerage and waste management, electricity and gas, transportation, and tourism and hospitality—contribute little to the economy, leaving households and businesses in distress.