President Bola Tinubu on Friday presented the 2026 Appropriation Bill of N58.18 trillion to a joint session of the National Assembly.
Gov. Babajide Sanwo-Olu, on Tuesday, presented a budget proposal of N4.237 trillion.
He said the government must prioritise reforms that reduce economic distortions.
“The Cardoso-led CBN has sought to address these problems through bold reforms, focusing on transparency, stability, and credibility,” CPPE said.
The June figure dropped from May’s 22.97 per cent, reflecting a continued decline in headline inflation.
With the escalation of the Israeli-Iranian conflict, crude oil prices surged to $75 per barrel from $65 per barrel a week before, the economist noted.
He called for sustainable reforms that would ensure over 40 per cent annual growth.
CPPE says the Nigerian economy, despite intense macroeconomic headwinds in 2024, exhibited resilience due to gross domestic product performance.
Mr Yusuf said that economic fundamentals needed to be addressed frontally to accelerate growth.
The CPPE boss said every economy deserved a stable and virile banking system.
