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Nigeria: Mid-Term - Tinubu's Renewed Hope Agenda Needs Renewal

  • Nigeria marks two years on May 29, 2025, under President Bola Ahmed Tinubu’s leadership, celebrating his administration’s milestones.
  • The administration pursued the Renewed Hope Agenda, focusing on economic reforms, infrastructure, security, and governance to stabilize Nigeria’s development.
  • Key achievements include unifying the foreign exchange market, removing fuel subsidies, repaying $3.4 billion IMF debt, and initiating major road and port projects.
  • The naira depreciated from N700 to around N1,600 to the dollar, fuel prices rose sharply, and inflation declined to 23.71%, while protests erupted over living costs.
  • The administration’s reforms led to infrastructure gains and private investment but face challenges including security threats, rising debt, and calls for policy renewal.
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SocietyNow broke the news in on Thursday, May 29, 2025.
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