The Senegalese head of state left Dakar for Abuja on Sunday, May 28, 2023. President Macky SALL will attend the inauguration of Nigerian President-elect Asiwaju Bola Ahmed Tinubu. Upon his departure, the President of the Republic was greeted by the Prime Minister and other civil and military authorities. The head of state will return to Dakar tomorrow Monday.
Born in Lagos eight years before independence, Bola Tinubu is a veteran of the capital. An influential politician, he was notably a senator and governor of the State of Lagos. Considered a unifying force within his party, but controversial outside because sometimes cited in corruption cases, Tinubu will have a major challenge, that of recovering the national economy.
With a population of more than 219.4 million people, Nigeria is the most populous country in Africa and sixth in the world. The continent’s largest economy, however, is facing a slowdown exacerbated by recent global crises. Here inflation has risen above 20% in the second half of 2022, youth unemployment, recurrent shortages of nairas and fuel are all evils to be solved in a sustainable way.
Although Nigeria can count on a dynamic private sector with a large number of billionaires and millionaires, Bola Tinubu -whose inauguration will take place next May- will have to set the macroeconomic record straight.
Source : Ze-Africanews.com