Nigerian Government Set To Unleash Inflation Wrath

Nigerian Government Set To Unleash Inflation Wrath

Author: Africa Business Radio November 30, 2021 Duration: 26:21
News Express
Business
Nigeria's Fiscal Authorities Appear to have clearly lost steam and now seem unable to find the permutation to come out of the economic maze they have been walking in for well over six years following a decision to go in with eyes wide open and unleash the wrath of inflation through an ill-prepared, less thought-out fuel subsidy policy set for the new year.
It is what some analysts are likening to a government acting out a ‘hell hath no fury like a woman scorned’ policy against its citizens.
Analysts warn that they see the government appearing to be acting in a knee jerk manner and would be extending the misery quotient for citizens, amidst avalanche policy permutations that have not been fit for purpose over the last six years.

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