The Independent Civil Society Groups in Nigeria have asked the federal government to prioritise macroeconomic stability.
Emmanuel Agabi, president of the group, spoke in Abuja on Monday at the release of a report on the renewed hope agenda and national budget strategies.
Agabi said the report analysed the administration’s strategic budgetary reforms, notably the substantial increase in capital expenditure in the 2025 budget.
He said initiatives such as the Nigeria Education Loan Fund (NELFUND) and the 3 million technical talent (3MTT) programme are targeted to improve access to education and foster innovation.
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“These initiatives demonstrate a forward-looking governance style that seeks to dismantle systemic inefficiencies and unlock the country’s economic potential,” Agabi said.
“The 2025 budget reflects a commitment to prudent financial management and strategic allocation of resources.
“These measures aim to promote social inclusion, reduce poverty, and support economic resilience among disadvantaged groups.
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“The government should intensify efforts to stabilise the macroeconomic environment, enhance security, and implement targeted interventions to support food production and distribution.”
He noted that despite ongoing challenges such as inflation, the administration’s commitment to transparency, increased capital expenditure, and the foundation for long-term economic transformation are commendable.
Agabi said the creation of an infrastructure support fund for states is designed to help them invest in critical sectors that foster a more conducive environment for businesses.
Agabi commended Abubakar Bagudu, the minister of budget and economic planning, for “driving” the country’s economic agenda.
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