Saturday, 05 October 2024

6 Tough Economic Policies Buhari Might Introduce to Save Nigeria's Economy

With the recent transition meetings going on between the ruling party and the opposition party, the incoming Buhari-led government is getting a clear picture of how to set the Nigerian economy on a better development path.  

Reports in the media suggest the APC is now ready to bite the bullet and will recommend very tough economic policies that may not go down well with a lot of Nigerians.

Here are 6 tough policies the administration might introduce to solve the current crisis in the economy, Nairametrics reports:


  • Reduce Size of Government
  • Increase taxation
  • Completely remove fuel subsidy
  • Borrow more
  • Sell government assets
  • Introduce more austerity measures

It's a very long ride, brace up Nigeria.
 

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