Nigerian President Tinubu pledges reforms to boost economy and aid the poor, amid economic challenges.
Nigerian President Bola Tinubu assured that his administration will prioritize social welfare for the poor despite economic reforms that have weakened purchasing power. Tinubu emphasized educational access, infrastructure, and tax reforms to stimulate the economy. The IMF's Kristalina Georgieva praised these reforms and pledged support for diversifying the economy and social investments. However, a report notes Nigeria's economy has deteriorated due to rising food inflation and insecurity, casting doubt on the reforms' effectiveness.
November 21, 2024
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