Buhari’s legacy of fiscal policy redundancy hurts economy

As Nigeria’s political baton changes from one administration to another today, analysts are in agreement that harmonization of fiscal and monetary policies is critical to the efficient running of the economy.

They argue that the failure of President Mohammadu Buhari to forge a synergy between the fiscal and monetary authorities of his government resulted in huge budget deficits, which led to ballooning public debt and price instability among other macroeconomic consequences.

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