From Bamigbola Gbolagunte, Akure The Nigerian Institute of Social and Economic Research (NISER) has predicted a better economy for the country within the next three years. NISER, in its latest report released after a research seminar in Ibadan, the Oyo State capital, predicted that the economy of Nigeria would gain stability gradually within the next three years. The seminar, which focused on the medium-term outlook for the Nigerian economy (2026–2028), had in attendance renowned economists, social crusaders and experts across different fields of academia. . The seminar, themed, “Prospects for the Nigerian Economy, 2026–2028,” provided insights into the expected direction of the Nigerian economy over the medium term based on the Institute’s macroeconometric model (Version ’24). According to the report, the Nigerian economy is expected to experience gradual stabilisation and moderate recovery over the next three years. The institute hinges its projections on the ongoing economic reforms, improved government revenue performance, stronger fiscal conditions and continued growth in non-oil sectors of the economy. NISER projects that Nigeria’s Gross Domestic Product (GDP) growth rate would increase steadily from 3.92 percent in 2025 to 4.72 percent in 2026, 4.85 percent in 2027 and 5.02 percent in 2028. The projected growth is also linked to continued policy reforms, infrastructure development, improving macroeconomic stability and favourable global economic conditions. The report also projects a steady decline in inflation over the medium term, highlighting that ‘headline inflation is expected to reduce from 15.15 percent in 2025 to 11.66 percent in 2026, 7.86 percent in 2027 and 5.61 percent in 2028. Also, food inflation is also projected to ease gradually, supported by expected improvements in agricultural production, exchange rate stability and monetary policy measures. On public finance, the report indicates gradual improvement in Nigeria’s fiscal sustainability indicators. Specifically, the report states that the debt service-to-revenue ratio is expected to remain at more sustainable levels compared to the pressures experienced in the early 2020s. According to NISER, the ongoing efforts to strengthen revenue mobilisation, expand non-oil revenue sources and implement fiscal reforms, were beginning to produce positive results. The Institute further noted that stronger revenue performance and sustained economic growth could create additional fiscal space for infrastructure development and long-term investment. The report also highlights the importance of the ongoing tax reforms and improved foreign exchange earnings in strengthening the country’s economic outlook. NISER emphasised that sustaining these gains would require continued policy consistency, effective implementation of reforms, investment in productive sectors, improved agricultural productivity, infrastructure development and a stronger business environment.