During President Tinubu’s administration, Nigeria faces significant business exodus due to challenging conditions, prompting questions about growth, productivity, and recovery sources. How will the government control inflation and address widespread poverty, evident in healthcare and other areas? Strategic welfare interventions and business environment reforms are essential. The Naira redesign requires clarity on old note withdrawal, while forex rate management, akin to dollar-dependent countries, is necessary. Strengthening the Naira will enhance its store-of-value perception. Discouraging governors from converting FAAC to dollars and investing in key sectors like autos, pharmaceuticals, infrastructure, and security will drive industrialization and economic growth.
