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For close to a year, Nigeria’s economy has endured some of its most severe setbacks in history. This is the outcome of a couple of economic policies implemented by the country’s new administration, including the elimination of gasoline subsidies and the floating of the currency (Naira). Since the introduction of these measures, Nigeria’s currency has been under enormous stress. Nigeria’s Naira goes from worst to best-performing currency globally within weeks.The IMF urges diversification away from oil dependency and boosting tax revenue.IMF recommends policies reflecting supply-demand dynamics…

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