Monday, November 25, 2024
Business

Will drastic reforms save Nigeria’s economy – or cause more pain? – Al Jazeera English

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Correction July 11, 2023: This episode originally stated Ilorin is a state in Nigeria. It is a city.
When Bola Tinubu was elected as Nigeria’s president in May, many expected little would change. But from the first minutes of his inauguration speech, the 71-year-old has brought big changes to Africa’s largest economy. He says the moves, including scrapping a fuel subsidy, are needed to save the country from debt and poverty. But for average citizens already facing soaring inflation and a cost of living crisis, the reforms could add more pressure to their struggles.
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Episode credits:
This episode was produced by Miranda Lin with Fahrinisa Campana and our host Malika Bilal. Sonia Bhagat and Fahrinisa Campana fact-checked this episode.
Our sound designer is Alex Roldan. Our lead of audience development and engagement is Aya Elmileik. Munera AlDosari and Adam Abou-Gad are our engagement producers.
Alexandra Locke is The Take’s executive producer, and Ney Alvarez is Al Jazeera’s head of audio.
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