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

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.
Recommended Stories
list of 4 items- list 1 of 4Captagon, the drug fueling the rise – and fall – of Syria’s war
- list 2 of 4The long struggle to save Darfur
- list 3 of 4Is history repeating itself in Darfur?
- list 4 of 4Why is the giraffe facing a silent extinction?
In this episode:
- Eromo Egbejule (@EromoEgbejule), Al Jazeera Africa news editor
- Pelumi Salako (@SalakoBabaa), freelance journalist
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.
Connect with us: