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Africa News of Tuesday, 1 October 2024

    

Source: BBC

Nigeria president pleads for 'patience' amid tough economy

Bola Tinubu Bola Tinubu

In his Independence Day speech, Nigerian President Bola Tinubu appealed for patience amid economic difficulties following his reforms, which include removing the fuel subsidy and allowing the naira to float freely.

While these measures caused a spike in living costs and inflation, Tinubu argued they were necessary to stabilize the economy.

Meanwhile, protests have erupted in Abuja and Lagos against the government's handling of the economy and insecurity.

Tinubu claims that the government is making progress in combating terrorism and banditry, despite ongoing violent incidents and public skepticism.

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