Policies should be judged by outcomes, agreed. But outcomes arenโt only measured by todayโs prices. They also include higher government revenue, improved state allocations, reduced subsidy waste, and a more transparent FX market. The hardship is real, but so were the problems the reforms were trying to fix. The question is whether the long-term gains will outweigh the short-term pain, not whether there was pain at all.
Whether you support Tinubu or not, it isnโt accurate to say his government has done nothing. His administration removed fuel subsidies, reformed the foreign exchange system, introduced student loans, passed major tax reforms, increased government revenue, and continued infrastructure projects. Be realistic about this whole thing
Jeez