Businesses should begin preparing for possible policy changes as Nigeria approaches the 2027 general elections, the Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, has advised.
Speaking on Channels Television’s Business Morning with Ladi Williams, Dr. Yusuf said the election period presents both opportunities and risks for businesses, particularly around the direction of economic policy.
He urged companies to undertake scenario planning and consider how their strategies would respond to different political outcomes.
According to him, businesses should assess the implications of policy continuity, possible recalibration of existing reforms, or a significant disruption in policy direction.
Dr. Yusuf also urged Nigerians to look beyond campaign promises and demand clear explanations of how proposed measures to reduce inflation, create jobs, lower food prices and ease the cost of living would be funded and implemented.
He said the sustainability of economic promises ultimately depends on the “how” behind them.
Dr. Yusuf further called for greater attention to the role of state governments in addressing the cost-of-living pressures facing citizens, noting that sub-national governments now have greater resources and responsibilities.
He said businesses and policymakers alike must prepare for the uncertainties that could accompany the next political transition.
Watch the full interview with Dr. Muda Yusuf on Channels Television’s Business Morning.