The economy is stabilising

Primary framing

“The economy is stabilising”

By Alliance for Economic Research and Ethics Nigerians should be honest enough to acknowledge progress when progress has been made and courageous enough to say when progress has not yet become prosperity. The Tinubu administration deserves credit for taking decisions that many Nigerian governments postponed for years. The removal of the petrol subsidy, the movement toward […]

Key facts

• The economy is stabilizing
• Removal of petrol subsidy is a key decision
• Movement towards a market-based foreign-exchange regime is underway
• Abandonment of monetary financing of fiscal deficits is a positive step
• Rebuilding of external reserves is in progress
• The economy is stabilising
• The Tinubu administration removed the petrol subsidy
• The Alliance for Economic Research and Ethics acknowledges progress in the Nigerian economy

Center-leaning outlets

• Vanguard News