Nigeria's economic future is shining brighter than ever, with expert projections indicating the country could achieve remarkable GDP growth of between 4 and 4.5 percent in 2026. This optimistic forecast comes from Dr. Muda Yusuf, Chief Executive Officer of the Centre for the Promotion of Private Enterprises and former Director General of the Lagos Chamber of Commerce and Industry.

Speaking during an interview on ARISE NEWS, Dr. Yusuf shared encouraging news about Nigeria's economic trajectory, noting that key macroeconomic indicators are already showing promising signs of stabilization. This positive momentum, he explained, sets the stage for sustained growth and prosperity in the coming years.

The path to this exciting growth involves continuing the economic reforms that have already begun showing results, making budget assumptions more realistic, and addressing structural challenges that have historically limited productivity. "Many of us have projected a very positive outlook," Dr. Yusuf noted, emphasizing the genuine optimism among economic experts about Nigeria's potential.

One of the most encouraging aspects of Dr. Yusuf's analysis is his identification of several job-rich sectors poised for significant expansion. Agriculture, construction, trade, information and communications technology, entertainment, and tourism stand out as particularly promising areas. "These are sectors that employ a lot of people. When they grow, they deliver more jobs," he explained, highlighting the potential for inclusive economic growth that benefits ordinary Nigerians.

The construction and agriculture sectors hold special promise given Nigeria's large and dynamic population. With the right policy support, these industries could become powerful engines of employment, creating opportunities for millions of Nigerians seeking meaningful work and improved livelihoods.

Dr. Yusuf emphasized that Nigeria's economic transformation will be driven by creating an environment where private enterprise can flourish. "It is the private sector that creates jobs, not government," he explained, underscoring the importance of supporting entrepreneurs and business owners who are the true drivers of economic prosperity.

The economist also praised recent progress in addressing macroeconomic challenges, while offering constructive guidance for making budget planning even more effective. His recommendations for more realistic revenue assumptions reflect a mature approach to fiscal management that will strengthen Nigeria's economic credibility on the global stage.

On the topic of tax reforms, Dr. Yusuf noted that recent controversies appear to be easing, which is welcome news for businesses and investors. He advocated for pragmatic implementation that builds confidence rather than creates uncertainty, demonstrating a balanced approach to necessary policy changes.

While acknowledging that global factors like oil price fluctuations and geopolitical tensions require monitoring, Dr. Yusuf's overall assessment reflects genuine confidence in Nigeria's economic resilience and potential. His call for continued regulatory reforms and improved public sector efficiency shows a clear roadmap for maintaining the positive momentum.

The economist's message is ultimately one of hope grounded in practical action. With sustained reforms, realistic planning, and support for job-creating sectors, Nigeria is well-positioned to achieve strong economic growth that translates into better lives for its citizens. The journey toward 4.5% GDP growth isn't just about numbers—it's about creating opportunities, building prosperity, and unlocking the tremendous potential of Africa's largest economy.