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In depth

How will Nigeria navigate the pandemic

How will Nigeria navigate the pandemic

For Africa’s biggest oil-fired economy an abyss beckons. Nigeria may see its export revenues halved to $26bn this year, the consequence of an oil-price war between Russia and Saudi Arabia and a global recession triggered by the coronavirus pandemic. The depth of this economic crash is forcing policy changes, devaluing the naira and ending fuel subsidies, and the government is doubling down on its aim of boosting national production in agriculture and manufacturing. In this exclusive new series, correspondents from The Africa Report look at the prospects for remaking Nigeria’s economy and politics in the shadow of the pandemic.

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