Nigeria’s rising poverty is casting a shadow over the gains of the bold economic reforms embarked upon by President Bola Tinubu’s administration nearly two years ago, with experts calling for ‘targeted’ safety nets to cushion the pains of ordinary citizens.
While Tinubu’s government touts fiscal discipline, subsidy removal and a unified exchange rate as foundational steps toward long-term economic stability, surging poverty levels are overshadowing these policy wins.
A recent statement by the International Monetary Fund (IMF) revealed tha
