Joined June 2022
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28 Jun 2022
Agora Policy is a Nigerian think tank and non-profit committed to finding practical solutions to urgent national challenges. We conduct policy research, facilitate frank and purposeful dialogues, and build capacity for governance, policy and advocacy.
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🚨Inflation Watch
The latest figures released by @NBS_Nigeria show that headline inflation rose to 15.93% in May 2026 from 15.68% in April. Food inflation also rose to 16.96% from 16.06% within the same period, surpassing headline inflation for the second consecutive month.
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In May, urban inflation increased to 16.07% from 15.4% in April while rural inflation eased further to 15.60% from 16.36% over the same period.
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At the state level, Yobe, Anambra and Sokoto recorded the highest y/y headline inflation rates while Niger, Plateau and Edo had the lowest.
For food inflation, Adamawa, Kwara and Rivers had the highest rates whereas Borno, Taraba and Bayelsa recorded the lowest.
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Jun 10
🚨Capital Importation Highlights (Q1 2026)
Nigeria's capital importation rose to $10.37bn in Q1 2026, up from $6.44bn in Q4 2025 and $5.64bn in Q1 2025. This represents the highest level of capital inflows recorded in the last five quarters.
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Jun 10
The Banking sector attracted the largest share of capital inflows in Q1 2026, receiving $7.55bn of total capital imported.
The Financing sector followed with $2.43bn, while all other sectors accounted for $392.67mn combined.
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Jun 10
The United Kingdom, United States, and South Africa were the top sources of capital inflows into Nigeria in Q1 2026.
The UK led with $5.08bn, followed by the US with $3.18bn, while South Africa contributed $984mn.
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Jun 8
🚨 MYTH VS REALITY: Nigeria's Electricity Sector
Will higher tariffs automatically improve electricity supply? Are DisCos the only issue?
Our latest policy memo argues that Nigeria's electricity crisis is deeper than these common assumptions.
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Jun 5
🚨GDP Highlights (Q1 2026)
Nigeria's GDP expanded by 3.89% in Q1 2026, higher than the 3.13% recorded in Q1 2025. However, this growth was lower than the 4.07% recorded in Q4 2025.
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Jun 5
Crop Production remained the dominant agricultural activity in Q1 2026, contributing 17.38% to GDP. Livestock contributed 3.08%, while Fishing and Forestry accounted for 1.55% and 1.15% respectively.
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Jun 5
Trade remained the largest services sub-sector in Q1 2026, contributing 17.89% to GDP. Real Estate contributed 13.10%, while Telecommunications & Information Services accounted for 9.19%.
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