Nigeria has passed through the first shock of reform.
The harder test, says finance minister Taiwo Oyedele, is whether the country can now turn macroeconomic stabilisation into growth without returning to the subsidies, waivers and fiscal indiscipline that weakened the economy in the first place.
In an interview with The Africa Report, the finance minister defends time-limited protection for local industry, but warns that tariffs are “a tax on the people”.
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