Subsidy removal, FX unification policies meant to stabilise Nigeria’s macroeconomic environment – Presidency

Subsidy removal, FX unification policies meant to stabilise Nigeria’s macroeconomic environment – Presidency …C0NTINUE READING HERE >>>

President Bola Tinubu has insisted that recent economic measures, particularly the removal of fuel subsidy and the unification of foreign exchange rates, is geared towards a broader strategy to stabilise the macroeconomic environment.

He spoke on Monday during the 30th Nigerian Economic Summit, organised by the Nigerian Economic Summit Group, NESG, and the Ministry of Budget and Economic Planning, where he explained that, “These are all part of a broader effort to restore balance to the economy and ensure long-term stability.”

The President, represented by Vice President Kashim…

>