The 2026 Southwest Nigeria Economic Outlook presents a comprehensive analysis of the region’s fiscal trajectory and economic prospects. Against a backdrop of improved macroeconomic stability, declining inflation, stabilising exchange rates, and rising reserves, Southwest states have collectively budgeted ₦8.7 trillion, with Lagos accounting for 51%. The region prioritises capital expenditure at 52%, focusing on infrastructure, education, and healthcare. Three States celebrate their 50th anniversary, while Ekiti and Osun face off-cycle elections. With oil exploration commencing in Ogun, the Dangote Refinery listing anticipated, and aggressive IGR expansion underway, the region transitions from fragile stability toward sustainable, inclusive growth anchored on fiscal discipline and strategic investment.

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