Reforms Averted 1,000 Percent Inflation, Says Oyedele

Nigeria would’ve faced 1,000% inflation without reforms – Oyedele

Finance Minister Taiwo Oyedele claims Nigeria could have faced 1,000% inflation without President Tinubu's economic reforms like subsidy removal.

FG finally explains why Nigeria printed over N30 trillion 3 years ago

FG says dollar shortages, falling crude oil earnings and costly subsidies drove it to print over N30 trillion three years ago, disrupting businesses and airlines.

How Reforms Saved Nigeria From 1,000% Inflation – Oyedele - Economi Confidential

‎How Reforms Saved Nigeria From 1,000% Inflation – Oyedele ‎The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has claimed that Nigeria could have seen inflation as high as 1,000 per cent if President Bola Tinubu’s administration had not introduced sweeping economic reforms, including removing the petrol subsidy and changing the foreign […]

Oyedele blames ₦30 trillion naira printing for Nigeria’s high inflation

KEY POINTS MAIN STORY Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has attributed the country’s current high inflation to about ₦30 trillion in naira he said was printed before the current administration’s economic reforms, arguing that the measures prevented a more severe inflation crisis. Speaking on Tuesday at the 56th […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

N30trn Printed Money Behind Today's High Inflation, Says Oyedele

…Says Nigeria was headed for Zimbabwe-style crisis The minister of finance and coordinating minister of the economy, Taiwo Oyedele, on Tuesday attributed Nigeria’s current high inflation to the printing of about N30 trillion in naira. He said that without the Tinubu administration’s reforms, the country would be facing inflation in the thousands of per cent, […]

Reforms Averted 1,000 Percent Inflation, Says Oyedele

Finance Minister Oyedele claimed Nigeria avoided 1,000 percent inflation through fuel subsidy and currency reforms.