As the protests for good governance continue in Nigeria, the country faces untold hardship and inflation. There has been a significant decline in the country’s dollar bonds, emerging as the worst-performing and most unstable in the market.
This economic challenge is rising rapidly, as investors remain skeptical about their next move. It’s obvious that Nigeria is gradually losing its major share. President Bola Tinubu’s administration has implemented various policies that are strategic to boosting economic growth.
Unfortunately, these measures have produced a negative impact that has affected millions of Nigerians. The nationwide protests, scheduled to continue through August 10, have raised tensions among various stakeholders about the government’s reform agenda.
The protests in Nigeria, which have turned violent in major parts of the country, have led to the destruction of key revenue-generating measures.