Nigeria: Tinubu's Subsidy Removal, Fx Reforms, Stabilising Nigeria's Economy - Zacch Adedeji

[Premium Times] He said the reforms by the Tinubu administration were necessary because it inherited an economy burdened by an unsustainable fuel subsidy regime, an opaque foreign exchange market, an underperforming oil sector and a narrow tax base.

By Johnbosco Agbakwuru ABUJA—PRESIDENT Bola Tinubu has applauded the increasing continental recognition of Nigeria’s customs modernisation programme and praised the selection of a subsidiary of Nigerian-owned Bergmans Security Consultant and Supplies Limited to implement a 20-year, multi‑billion‑dollar AfCFTA Customs M

He said the reforms by the Tinubu administration were necessary because it inherited an economy burdened by an unsustainable fuel subsidy regime, an opaque foreign exchange market, an underperforming oil sector and a narrow tax base.