But not everyone is pleased with Mr Tinubu’s liberal economics
In a hair salon in Lagos, Nigeria’s commercial capital, an argument breaks out over the new president’s performance. “He’s just starting,” says a young man. His barber is less forgiving. “Is that not what they told us about [former president Muhammad] Buhari? The next thing, eight years have passed.” Soon other staff and customers have joined the argument, pointing to the rising price of garri, (cassava flour) and soaring transport costs.
After hotly contested elections Bola Tinubu was inaugurated as Nigeria’s president just over 100 days ago. He was determined to hit the ground running, and for a while, it looked as if he had. As promised in his inaugural speech, he removed an unaffordable fuel subsidy and ended a system of multiple fixed exchange rates. He also suspended the central-bank governor, Godwin Emefiele, who had played a big part in Nigeria’s economic slide.
