Nigeria pays today for years of delayed reforms

Nigeria pays today for years of delayed reforms

Nigeria is paying today for reforms delayed over many years. Under the ‘Renew Hope Agenda,’ those overdue economic adjustments are now arriving all at once, and that suddenness is part of the problem. For more than a decade, policymakers postponed the toughest adjustments. Fuel subsidies lingered long after they became unsustainable. The exchange rate was […] read more Nigeria pays today for years of delayed reforms

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