David Malpass, the former President of the World Bank, has praised President Tinubu’s economic strategies since taking office on May 29.
According to News Verified, Malpass expressed his gratitude to Tinubu on his official Twitter account for taking decisive measures to eliminate Nigeria’s harmful government subsidy and multiple exchange rates.
In a tweet, Malpass declared, “Glad to see @officialABAT taking concrete steps to scrap Nigeria’s harmful government subsidies and multiple exchange rates. These are important steps toward currency stability, lower inflation, and reduced corruption in Africa’s most populous country.“
Since assuming the presidency, Tinubu has implemented a series of reform measures, with the most prominent one being the removal of fuel subsidy.
Glad to see @officialABAT taking concrete steps to scrap Nigeria’s harmful government subsidies and multiple exchange rates. These are important steps toward currency stability, lower inflation, and reduced corruption in Africa’s most populous country.https://t.co/55un1hESqE
— David Malpass (@DavidRMalpass) June 21, 2023