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Africa · 1 hrs ago
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Why subsidy removal, FX reforms caused unavoidable economic shocks — Oyedele
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Quality 75/100
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◉ Centre ✓ Fair headline
Nigeria's Finance Minister Taiwo Oyedele defends the economic disruptions caused by subsidy removal and FX reforms, arguing they were necessary and expected corrections to longstanding market distortions.
Why subsidy removal, FX reforms caused unavoidable economic shocks — Oyedele
According to the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, the economic disruptions that followed the removal of petrol subsidy and foreign exchange reforms were expected as part of efforts to correct longstanding distortions in the economy.
The post Why subsidy removal, FX reforms caused unavoidable economic shocks — Oyedele appeared first on Premium Times Nigeria.
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