Assessing President Tinubu's Ongoing Economic Reforms Amid Fuel Scarcity, Forex Crisis
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- Опубліковано 15 тра 2024
- The recent discussions at the World Economic Forum in Riyadh have brought to the forefront the critical issues surrounding Nigeria's ongoing economic reforms, including unification of the exchange rate and the decision to remove fuel subsidy.
According to President Bola Tinubu, who spoke at the opening of a two-day Special World Economic Forum in Riyadh, Saudi Arabia, last year’s removal of fuel subsidy and current efforts by his administration to manage Nigeria’s foreign exchange market were necessary steps that prevented the country from going into bankruptcy.
The president also appealed to bigger economies of the world to actively participate in the promotion and prosperity of the African region to achieve peace, stability, and economic growth.
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