RHA Intelligence Dashboard
Live Data Portal
Last updated: March 2026
Overview
Economic Stability
Infrastructure
Social Programmes
Security
Governance
Reform Timeline
National Scorecard — Key Indicators
Foreign Reserves
$49B
Up from $32B in May 2023
↑ +53% — 8-yr high
Headline Inflation
15.15%
Down from 34%+ peak
↓ −19 ppts from peak
Fiscal Deficit / GDP
3.0%
Down from 5.4% at inception
↑ Halved
Debt Service Ratio
<40%
Was nearly 100% of revenue
↑ Dramatically improved
Federal Revenue (2025)
₦27.8T
52% above annual target
↑ 2× inherited baseline
Power Generation
6,003 MW
Record peak, up from 4,200 MW
↑ +43% capacity
Crude Oil Production
1.5M bpd
Up from ~1M bpd in 2023
↑ +50% output
Food Inflation
10.84%
Peaked at ~40%, now declining
↓ −29 ppts from peak
Sector Scorecards at a Glance
💹
Economic Stability
Minimum wage₦70,000
FX premium<2%
FAAC to states +60%↑
Tax reform: zero income ≤₦800K
Sovereign ratingFitch/Moody's ↑
🏗️
Infrastructure
Highways in progress13+ corridors
Lagos–Calabar coastal HW700 km
Sokoto–Badagry HW1,068 km
Kano–Maradi rail progress67%
Agriculture budget +261%↑
Cash transfer households8.5M
NELFUND student loans₦183.9B
Health visits10M → 45M
Women farmers supported5M+
BOI enterprise loans₦636B
🛡️
Security
Terrorists neutralised13,500+
Hostages rescued9,821
Illegal refineries destroyed503
New fighter jets24 M-346FA
State police billIn progress
⚖️
Governance
EFCC convictions (2 yrs)7,503
Assets recovered₦566B+
LGA autonomy funds₦4.5T
2026 Budget (record)₦58.18T
Ways & MeansDiscontinued
Key Trajectories
Inflation Trajectory
Headline & food inflation, 2023–2026
Headline CPI Food Inflation
Foreign Reserves
Gross reserves in USD billion
Macroeconomic Indicators
Gross Reserves
$49B
Feb 2026 — 8-year high
↑ from $32B (May 2023)
Net Usable Reserves
~$38B
Was only ~$3B net in 2023
↑ Dramatically recovered
FX Premium
<2%
Parallel vs official rate
↓ from 30%+ premium
Fiscal Deficit / GDP
3.0%
IMF-compatible threshold
↑ from 5.4%
Debt Service Ratio
<40%
Revenue share servicing debt
↑ Was ~100% in 2023
Federal Revenue 2025
₦27.8T
To August 2025
↑ 52% above target
FX & Reserves Recovery
Foreign Reserves & Exchange Rate Normalisation
Gross reserves (USD bn) and parallel rate premium (%)
Gross Reserves (USD bn) FX Premium (%)
Inflation Decline
Inflation Trajectory (2023–2026)
Headline consumer price index and food inflation
Headline CPI (%) Food Inflation (%)
Tax Reform Progress
Tax Simplification Reform
Number of taxes rationalised under the Tinubu tax reform programme
Taxes consolidated (target: 60+ → fewer than 10)In progress
Zero income tax threshold (≤₦800,000 annual income)Enacted
SMEs (revenue <₦50M) tax exemptionEnacted
New hire & wage-increase 50% deduction incentiveEnacted
Ways & Means monetisation discontinuedComplete
Investment & Ratings
FDI & Investment Commitments
Major foreign investment pledges (USD)
Sovereign Credit Ratings
Fitch & Moody's upgrades
Fitch Rating (B to B+)Upgraded 2025
Moody's Outlook (Stable)Revised up
IMF programme complianceOn track
$50B+ FDI commitments (CAIA 2024)Secured
Eurobond market re-accessAchieved 2024
Power Sector
Peak Generation (record)
6,003 MW
March 2025 — all-time record
↑ from 4,200 MW baseline
States with Active Markets
15
Following Electricity Act devolution
↑ New constitutional framework
Private Investment Mobilised
$7B
Into the power sector
↑ $122B target to 2045
Power Generation Growth
Average generation capacity (MW) — 2023 to 2026
Roads & Highways
Lagos–Calabar Coastal HW
700 km
$747M Phase 1 syndicated loan
↑ Under active construction
Sokoto–Badagry Superhighway
1,068 km
7 states, major FEC approvals
↑ In progress
Abuja–Kaduna–Kano HW
350 km
₦764B approved
↑ Dualisation underway
Active Corridor Programmes
13+
Federal highway corridors nationwide
↑ Concrete pavement shift
Major Highway Corridors — Scope & Investment
Kilometres per corridor; width = budget scale
Rail & Transport
Rail Completion Progress
Key corridors — % complete
Kano–Maradi Rail67% (was 5%)
Enugu–Onitsha Dual Carriageway~80%
Nasarawa–Toto–Abaji Road92.5%
Lafia–Obi–Awe–Tunga Road98.2%
Suleja–Minna Highway Phase I74%
CNG Bus Programme₦100B funded
Agriculture & Food Systems Budget
Year-on-year federal agriculture allocation (₦bn)
Oil & Energy Production
Crude Oil Production Recovery
Monthly barrels per day (million bpd) — 2023 to 2026
Social Investment — Scale of Delivery
8.5M
Households receiving cash transfers
₦330B
Total conditional cash transfers disbursed
1M+
Students receiving NELFUND loans
45M
Annual health visits (up from 10M)
5M+
Women farmers supported
Conditional Cash Transfers
Cash Transfer Reach
Households receiving ₦25,000 transfers (millions)
NELFUND Student Loans
Disbursed to students across 265 institutions (₦bn)
Health System Improvements
Annual Health Visits
45M
Up from 10M in 2023
↑ 4.5× increase
Skilled Birth Attendance
90%+
National coverage achieved
↑ Significant improvement
Confidence in Health System
55%
Citizens reporting improved services
↑ Public trust rising
Enterprise & SME Financing
SME & Enterprise Finance Disbursed
Key facilities for small businesses and entrepreneurs (₦bn)
Labour & Wages
Minimum Wage Increase
Federal minimum wage (₦/month)
3MTT Digital Skills Programme
Enrolment and placement progress
Total enrolled (3M target)1.8M enrolled
Currently in active training300K
Graduates placed in jobs/contracts15K+
Fibre broadband rollout (90,000 km target)$2B committed
Digital economy share of GDP17%
Operations Scorecard — May 2023 to December 2025
13,500+
Terrorists & criminals neutralised
9,821
Hostages & kidnap victims rescued
17,469
Suspects arrested & detained
11,118
Weapons seized & recovered
274
Airstrikes conducted (2025)
503
Illegal oil refineries destroyed
252,596
Rounds of ammunition seized
20
Named commanders eliminated (2025)
2025 Annual Operations Breakdown
Operational Results by Theatre
Arrests and rescues — 2025 breakdown
Arrested Rescued
Equipment Modernisation
Key platform acquisitions
M-346FA fighter jets (24 acquired)€1.2B contract
AW-109 Trekker helicopters (10)Delivered
AH-1 attack helicopters (12)Acquired
Naval patrol vessels commissioned (3)Active
Armoured vehicles refurbished (100+)Complete
UAV operators trained (16) & MQ-9 opsOperational
State Police Reform — Progress Tracker
State Police Constitutional Amendment — Four Steps
Current legislative progress as of March 2026
✓
Step 1 — Complete
Presidential mandate & constitutional review launch (Feb 2026)
✓
Step 2 — Passed
HB-617 second reading passed in the House of Representatives
⧗
Step 3 — In Progress
Senate constitution review — pledged completion by end of 2026
○
Step 4 — Upcoming
State police establishment and operational commissioning
Security–Economy Nexus
Crude Output Recovery
+0.5M bpd
From 1M → 1.5M bpd via Navy ops
↑ Oil theft suppressed
Foreign Reserves Gain
+$17B
Reserves: $32B → $49B
↑ Security enabling growth
Food Inflation Drop
−29 ppts
Farmland access restored in North
↓ from 40% peak
Illegal Refineries Destroyed
503
Niger Delta, 2025 alone
↑ Fiscal recovery impact
Anti-Corruption Performance
EFCC Convictions (2 yrs)
7,503
All-time record in EFCC history
↑ Record 2 years
Convictions in 2024 Alone
4,111
Highest single-year ever recorded
↑ New annual record
Assets Recovered (₦)
₦566B
Reinvested into NELFUND & Credit
↑ Redirected to citizens
Assets Recovered (USD)
$411M
Foreign currency seizures
↑ Largest single recovery: Dec 2024
EFCC Conviction Trend
Annual convictions — historical context
LGA Autonomy & Decentralisation
Funds Disbursed to LGAs
₦4.5T
To all 774 LGAs in first year
↑ Post Supreme Court ruling
States Held LGA Elections
30+
Following July 2024 SC ruling
↑ Democratic governance
Supreme Court Vote
7–0
Unanimous July 11, 2024 ruling
↑ Constitutional milestone
Fiscal Governance
Debt Service as % of Revenue
Declining from unsustainable levels
Institutional Reforms Tracker
Governance reform milestones
Ways & Means monetisation — discontinuedComplete
LGA autonomy — Supreme Court enforcedAchieved
Digital government payments rolloutIn progress
Tax Ombudsman establishmentIn process
Civil service KPI reform frameworkUnderway
Auditor-General mandate strengthenedComplete
2026 Budget — Record Appropriation
Federal Budget Size — Historical Perspective
Annual appropriation (₦ trillion)
Reform Milestones — May 2023 to March 2026
Economic Reforms
1
May 2023
Fuel subsidy removal announced
Day-one removal of costly petrol subsidy, redirecting ₦1T+ annually toward productive investment.
2
June 2023
FX unification
Multiple exchange rate windows collapsed into a single unified market, ending FX arbitrage.
3
2024
Tax Reform Bill passed
Zero income tax for earners ≤₦800K; SME exemption; 50% deduction for new hires.
4
2024
Eurobond market re-accessed
Nigeria successfully raised capital on international bond markets for the first time since reform.
5
2025
Sovereign rating upgrades
Fitch and Moody's upgraded Nigeria's rating, reflecting improved fiscal discipline and credibility.
6
2026
₦58.18T record budget
Largest budget in Nigeria's history, with strict accountability directives and deficit targets.
Governance & Security Reforms
1
2023
EFCC reform and reinvigoration
New EFCC leadership; prosecutions accelerated; first year convictions broke all records.
2
July 2024
Supreme Court LGA ruling
7-0 unanimous ruling: governors cannot withhold LGA funds. ₦4.5T disbursed to 774 councils.
3
Dec 2024
Largest single asset seizure
Abuja estate seizure: 753 housing units, 150,500 sqm — largest single EFCC recovery in history.
4
2025
M-346FA fighter jet acquisition
€1.2B Leonardo deal for 24 Italian-built jets; deliveries began, transforming air combat capability.
5
Feb 2026
State police bill — 2nd reading
HB-617 passed second reading. Senate pledged completion of constitutional amendment by end 2026.
6
2026 (ongoing)
Digital governance rollout
Tax Ombudsman, e-payments, civil service KPIs — completing the institutional reform agenda.
Infrastructure Delivery Timeline
Major Infrastructure — Delivery Status
Project commissioning and construction milestones
ProjectScopeValueStatusZone
Lagos–Calabar Coastal Highway700 km, 11 states$747M (Phase 1)Under ConstructionSW–SS
Sokoto–Badagry Superhighway1,068 km, 7 statesFEC approvedIn ProgressNW–SW
Abuja–Kaduna–Kano Highway350 km dualisation₦764BUnder ConstructionNC–NW
Kano–Maradi RailCross-border rail₦150B alloc.67% CompleteNW
Enugu–Onitsha Dual Carriageway107 km, MTN RITC₦202.8B~80% CompleteSE
Abia Integrated Infrastructure126 km (Aba) + 35.6 km (Umuahia)$263.8M (IsDB+AfDB)FEC ApprovedSE
Bodo–Bonny Road & Bridge78 km (Rivers)₦120.6BActiveSS
Owerri–Mbaise–Umuahia Road52 km commissionedFederal contractCommissionedSE
Dangote Refinery (support)650,000 bpd capacityOperationalOperationalSW
AKK Gas Pipeline614 km Ajaokuta–Kano$2.89BIn ProgressNC–NW
Sources: Federal Executive Council (FEC) Project Approvals 2024–2025 · Federal Ministry of Works project lists · Budget Office of the Federation · EFCC Annual Report 2024 · Statehouse.gov.ng briefings · NBS CPI and GDP data · FAAC monthly communiqués · Defence HQ End-of-Year Briefing (December 2025) · IsDB/AfDB project documentation · Tinubu Administration Mid-Term Scorecard (May 2025) · Senate Plenary Records (February 2026).