The standoff between Dangote and Nigeria’s oil union, PENGASSAN, could jeopardise recent gains from painful reforms that are yet to reach the vulnerable. Nigeria’s reform economy is edging toward a take-off stage.
Key indicators are turning positive trends. Inflation has slowed for the fifth consecutive month to 20.12 percent, the naira has steadied, foreign reserves are rising, and non-oil exports are expanding. These are the macro signals President Bola Tinubu has been banking on, the kind that align with Walt Rostow’s growth model, where
