Nigeria President Muhammadu Buhari

Buhari faces multiple crises in Nigeria

  • Nigeria’s economic downturn is hitting its population hard
  • Sabotage of oil infrastructure is making the problem worse
  • President Buhari has not handled these crises well, and is politically weak
  • The situation risks spiraling out of control, with dire implications for Nigerians

Nigeria is a country in crisis. While its economy is technically in recession, that does not sufficiently convey the gravity of the situation in Africa’s most populous nation. The downturn has not only meant mass layoffs; those who have kept their jobs do not receive their salaries for months on end. Some public sector workers are owed more than half a year’s wages. Pensions have gone unpaid.

While the economy was already in trouble when President Muhammadu Buhari took over last year, his protectionist policies, including import bans and foreign exchange controls, have contributed to the naira’s free fall. Markets were not reassured when it took him six months to appoint a finance minister.

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 Remi Adekoya
Critical opinions of President Buhari have hardened in recent months, particularly in southern sections of the country
read more about it in the report
What's inside
  • Nigeria’s economic downturn is hitting its population hard
  • Sabotage of oil infrastructure is making the problem worse
  • President Buhari has not handled these crises well, and is politically weak
  • The situation risks spiraling out of control, with dire implications for Nigerians
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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