President Tinubu’s policies please foreign investors, but a devalued currency and soaring petrol prices mean ‘national sacrifice mode’ is widely unpopular
Nigerians are feeling the strain as their new president pushes through a series of unpopular policies that have earned him praise from foreign investors.
Bola Tinubu, who was sworn in on 29 May, has surprised many observers by taking a running start to his tenure of Africa’s most populous country. In little over two weeks he has banished a longstanding petrol subsidy, ejected the country’s central bank governor and ended restrictions on the rate of the naira, Nigeria’s currency.
About Author
More Stories
Stonehenge-like circle unearthed in Denmark may have links to UK
Trump says no significant security guarantees in Ukraine minerals deal
More than 200,000 Canadians sign petition to revoke Musk’s citizenship