Nigeria, Oct. 6 -- Up until now, the Tinubu government has focused on reforms with a near-term impact: exchange rate and monetary reform; inflation control and fiscal coordination; subsidy rationalisation with safety nets; streamlining permits, reducing multiple taxation, improving customs; and tackling oil theft, banditry, and insurgency. Wags may disagree on how well this government has implemented the slew of activities associated with its reform direction, but it is hard to fault its reading of the economy's needs. The state of the economy that the incumbent federal government inherited meant that it had to do three things quickly. Stabilise the economy. Boost investor confidence. Trigger immediate growth levers. Necessary, though, th...
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