Nigeria's economy in 'deep trouble' | Fin24
  • Load Shedding Schedules

    Find information for Johannesburg, Durban, Cape Town and other cities.

  • Eskom Debt

    'Hard to believe' tweets minister, after Zim at last pays off debt to power utility.

  • Corruption Watch

    Corruption 'all but collapsing' public healthcare, warns watchdog amid coronavirus chaos.


Nigeria's economy in 'deep trouble'

May 29 2015 18:12

Abuja - Nigeria's economy is in "deep trouble" and needs careful management to overcome the impact of low oil prices, slowing growth, high unemployment and the security threat from Islamist group Boko Haram, new President Muhammadu Buhari said on Friday.

In his inaugural address as leader, Buhari said the military would step up its offensive to crush Boko Haram, although no victory would be complete without the rescue of more than 200 girls kidnapped from a school in Chibok in April last year.

muhammadu buhari  |  nigeria  |  africa economy  |  oil


Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

Voting Booth

Do you support a reduction in the public sector wage bill?

Previous results · Suggest a vote