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Meanwhile, in Nigeria, President Bola Tinubu has initiated a series of reforms intended to salvage the country's oil-rich economy, including the removal of fuel subsidies and proposed changes to the tax system. However, these measures have been met with considerable backlash from Nigerians who feel the policies have caused an increase in the cost of living.
Gospel Abell, an economist, argues that although Tinubu’s proposals may enhance progress, they are being rolled out in a manner that lacks coherence. The government's approach to taxation is seen as especially controversial; concerns have been raised regarding fairness in the distribution of tax revenue among Nigeria's states, with wealthier regions benefiting disproportionately.