Economy

The concurrent implementation of fuel subsidy removal and foreign exchange market unification (currency devaluation) by the [Nigerian Government](https://fmino.gov.ng/tinubu-resetting-nigerias-economy-dr-alake/) fundamentally reshaped the nation’s economic landscape, trading acute fiscal collapse for a severe cost-of-living crisis. While these bold policy pivots successfully averted a historic “fiscal cliff,” they catalyzed massive inflationary shocks that heavily compressed private consumption. [1, … Read more