Nigeria has begun major changes to its economy. The government has removed gasoline subsidies and altered exchange rates to draw in foreign investment. Because of these major changes the finances of the country have become stronger. Although there are still difficulties yet to be solved, businesses have started seeing the advantages of having these difficulties . Industries are growing, and interest from overseas investors are growing as well. With continued changes, the Nigerian economy will improve, providing more jobs and improving opportunities for its people. Because of these changes and the changes that will continue to happen, Nigeria will support national growth and develop as a significant force in Africa's economic destiny. Because of this many citizens feel hopeful because stability and advancement are anticipated as a result of these changes.
Sources: World Bank. (2024, October 17). Nigeria: Staying the course on reforms – Progress amidst challenges.
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