Tinubu's Reforms Unpopular, Nigerians More Polarised Now Than Ever, Says Report

A 2024 report by SBM Intelligence says that Nigeria’s economy has continued to worsen, even as rising food inflation, insecurity and cases of Nigerians falling into extreme poverty have gravely  worsened the country’s economy.
Apart from the wobbly economy, Nigerians appear to be more polarised than ever following the outcome of the 2023 general  elections, the report added.
It described reforms introduced by President Bola Ahmed Tinubu as unpopular, noting in particular, the removal of fuel subsidies which has led to worsening living conditions and closure of businesses, with inflation hitting 33.88 percent according to data from the National Bureau of Statistics, NBS.
In August 2024, the number of Nigerians suffering from food insecurity stood at 31.8 million, just as most businesses either closed or left the country following harsh economic situations.
Reports stated that over  66 companies reportedly left the country in last four years over the harsh economic climate, even as skepticism have continued to impede government's reforms despite 
assurances from officials, thus casting doubts over their potential to drive meaningful economic recovery.