Who really benefits when Nigeria’s economy recovers

Who really benefits when Nigeria’s economy recovers


It has been 28 months since Nigeria performed what many described as surgery on its economy, painful but, according to President Bola Tinubu and many analysts, necessary. The operation came through bold reforms such as the removal of fuel subsidies and the unification of exchange rates.

“The removal of subsidy on petrol was a painful but necessary decision I took for the future of this country,” President Tinubu said in August 2024, reaffirming his government’s resolve to prioritise long-term stability over short-term comfort.

These decis

It has been 28 months since Nigeria performed what many described as surgery on its economy, painful but, according to President Bola Tinubu and many analysts, necessary. The operation came through bold reforms such as the removal of fuel subsidies and the unification of exchange rates.

“The removal of subsidy on petrol was a painful but necessary decision I took for the future of this country,” President Tinubu said in August 2024, reaffirming his government’s resolve to prioritise long-term stability over short-term comfort.

These decis



Source: Businessday

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