NIGERIA: BUHARI, THE UNLIKELY REFORMIST PRESIDENT

NIGERIA: BUHARI, THE UNLIKELY REFORMIST PRESIDENT

   Thu, 07 May 2020

Despite, or more likely due to, a dire economic outlook, Nigeria’s traditionally anti-reformist government has begun to converge a cumbersome multiple exchange rate regime and cut corruption-fuelling subsidies, while pushing ahead with long-delayed oil sector reforms. A revamped economic management team is steering Nigeria’s economy into a new direction, which may reap significant rewards once the current crisis subsides.



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