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EconomyNigeria reforms helped avert economic collapse, finance minister says

Finance Minister Taiwo Oyedele said on Wednesday that President Bola Tinubu’s economic overhaul, including the removal of an expensive fuel subsidy and currency devaluation, helped stabilize Nigeria’s public finances, increase foreign reserves and attract investment.

Nigeriaeconomic reformsfuel subsidyinvestment

RReuters★★★☆☆2026-08-19 18:05Original

Nigeria reforms helped avert economic collapse, finance minister says
Nigeria reforms helped avert economic collapse, finance minister saysEconomy