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Vol 62 No 25

Published 16th December 2021


Nigeria

Buhari gambles on cash transfers on his way out

As the government ends fuel subsidies, the president plans to introduce an even costlier social grant to over 40 million citizens

Just over a year before he's due to step down, President Muhammadu Buhari is taking some uncharacteristic risks. His government is phasing out politically sensitive subsidies and allowing the naira to fall further against the dollar.

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