It Will Take 12 to 20 Years for Nigerians to Benefit From Tinubu’s Reforms

Tinubu’s reforms will take 12 to 20 years to benefit Nigerians.

Nigerians may have to wait between 12 and 20 years before fully feeling the benefits of President Bola Tinubu’s economic reforms, financial experts have warned.

The economic measures, Ejes Gist News understands, are expected to deliver gradual improvements in productivity and real incomes rather than providing immediate relief from soaring prices and declining purchasing power.

Speaking to Nairametrics, economists highlighted that major structural overhauls historically trigger a painful adjustment period before positive outcomes become evident across the broader economy.

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Experts emphasised that the pace of economic improvement will depend largely on sustained policy stability, infrastructure development, strict adherence to the rule of law, and directed investments into productive sectors.

Adjustment Period and Long-Term Timelines

Dr Paul Alaje, Chief Economist and Partner at SPM Professionals, stated that major economic realignments require significant time to mature.

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Alaje noted that structural reforms generally take 12 to 20 years before their positive impact becomes significantly visible to the public. He added that certain countries have managed to record meaningful results within a shorter timeframe of six to 10 years when supporting conditions are met.

The assessment comes as Nigerian households continue to experience elevated living costs following central policy shifts, including foreign exchange unification and the removal of the petrol subsidy.