Showing posts with label Nigeria; President Muhammadu Buhari; Budget Challenges; Falling Naira Value. Show all posts
Showing posts with label Nigeria; President Muhammadu Buhari; Budget Challenges; Falling Naira Value. Show all posts

Wednesday, February 17, 2016

Nigeria Struggles As Buhari Wrangles With Budget, Naira

Recent pressure from the International Monetary Fund to devalue the currency appears to have been rebuffed by Nigerian President Muhammadu Buhari ©Patrick Hertzog (AFP)

When Nigerian President Muhammadu Buhari finally swore in his cabinet in November, nearly six months after taking office, he hoped to shake off his nickname "Baba Go Slow".