Centre Urges Supply-Side Reforms As Geopolitical Tensions Fuel Nigeria’s Inflation Risks

The Centre for the Promotion of Private Enterprise (CPPE) has called for a shift toward supply-side interventions to curb inflation, amid rising energy and transport costs linked to Middle East tensions.
CPPE said monetary tightening alone cannot address Nigeria’s inflation challenge and risks further weakening investment and productivity.
Speaking the director/CEO of CPPE, Dr. Muda Yusuf said, “Nigeria’s inflation outlook in April 2026 reflects a fragile disinflation process amid mounting global and domestic cost pressures.
“Headline inflation rose marginally from 15.38 per cent in March to 15.69 per cent in April, indicating that although inflationary pressures remain elevated, the p...