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Nigeria’s president launches major reforms including fuel subsidy removal and currency adjustments to stabilize the economy, sparking protests over rising costs.
President Tinubu has launched a sweeping economic reform initiative aimed at stabilizing Nigeria’s currency, curbing inflation, and addressing widespread public discontent.
The plan includes removing fuel subsidies, adjusting exchange rates, and implementing austerity measures to attract foreign investment and restore fiscal discipline.
The move marks a significant shift from previous policies and has sparked both cautious optimism and protests over rising living costs.
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El presidente de Nigeria lanza importantes reformas, incluida la eliminación de los subsidios al combustible y los ajustes de la moneda para estabilizar la economía, lo que desencadena protestas por el aumento de los costos.