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Nigeria's Tinubu says economy stable despite cost-of-living crisis

Nigeria's President Bola Ahmed Tinubu (L) delivers a speech during the celebration of the 50th anniversary of the creation of the Economic Community of West African States (ECOWAS) at Eko Hotel in Lagos on May 28, 2025. [AFP]

Nigeria's president marked his first two years in office Thursday saying his reforms, which have caused the worst cost-of-living crisis in a generation are bearing fruit.

After coming to office in May 2023, Bola Ahmed Tinubu embarked on a deep economic reform programme, which the government and international financial institutions said was necessary to right the public finances of Africa's most populous country.

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