Nigeria announces measures to offset rising costs as strikes loom

Nigeria’s President Bola Ahmed Tinubu on Sunday proposed a temporary minimum wage hike and more cheap gas-powered public transport among other measures to help offset the impact of his economic reforms as labour unions threatened a national strike.

Speaking in a national broadcast to mark Nigeria’s 63rd independence day anniversary, Tinubu’s announcement came after he ended a long-standing fuel subsidy that cost the government billions of dollars a year and also liberalised the naira currency.