Nigeria Political Economy: Coalition Calculus and Governance Outlook 2027

Nigeria's political economy in the 2027 election cycle presents a complex governance environment for institutional investors and international organizations. The Tinubu administration's economic reform program — fuel subsidy removal, naira unification, and CBN monetary policy normalization — has created both reform momentum and significant distributional tensions. This brief provides an analytical framework for assessing coalition stability, regulatory environment trajectory, and capital market implications through the election cycle and into the subsequent policy formation period.