President Bola Ahmed Tinubu’s first 100 days in office have been met with both praise and criticism. Since his inauguration on May 29, 2023, President Tinubu has promised to revive the economy with his renewed hope slogan. However, his economic policies have had mixed results, leaving Nigerians with a bittersweet experience.
The removal of fuel subsidies and the floating of the Naira have contributed to a 24.08% inflation rate in July. Additionally, the Central Bank of Nigeria’s instruction to banks to sell forex freely at market-determined rates has caused the Naira to jump to N915/$1 in the parallel market.
To address Nigeria’s socio-economic challenges, the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, recently unveiled Tinubu’s 8-priority agenda, which includes food security, poverty eradication, economic growth, job creation, access to capital, improved security, a fair business environment, and the fight against corruption.
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