MACRO | Nigeria : New Administration - Tough policies may excite markets

    : On May 29, 2023, Nigeria witnessed the inauguration of President Bola Ahmed Tinubu as the 16th President of the Federal Republic of Nigeria. The inauguration came on the heels of the President's victory in the February 2023 election, which was tagged as the most keenly contested in Nigeria.

    The President identified improvement in security and safety as a primary goal. The administration plans security-related investments in personnel, training, equipment, pay, and firepower.

     

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