Nigeria’s recent economic reforms making foreign investors excited are robbing households of their spending power, inflicting more pain and renewing pressure on them. Subsidy removal, naira devaluation, and the implementation of a value-added tax on diesel imports are causing further spikes in
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Josephine Okojie-Okeiyi is a journalist with over five years’ reporting experience. She writes on industry, agriculture, commodities, climate change, and environmental issues. She is fellow of Thomson Reuters Foundation and Bloomberg Media Initiative for Africa.

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