IMPACT OF PRESIDENT BUHARI'S ECONOMIC POLICIES ON THE NIGERIAN NAIRA (2015-2023).

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ABSTRACT

The subject of this research. The Buhari administration left it's traces, known as the Legacy of the Buhari government, and this legacy been a formational basis to the current situation of the Nigerian economy. Muhammadu Buhari who served two non-consecutive terms (first as a military ruler from 1983 to 1985 and then as a civilian president from 2015 to 2023), had both supporters and critics, and his legacy can be viewed differently depending on one's perspective. Here are some key aspects that were often discussed regarding his legacy, as his economic policies had both positive and negative effects. Positive Effects: Diversification Efforts: The focus on diversifying the economy helped reduce the over-reliance on oil, potentially making the economy more resilient to oil price fluctuations.

Negative Effects: Economic Slowdown: Some of Buhari's policies, including strict forex controls and austerity measures, might have contributed to an economic slowdown, limiting business expansion and foreign investment.

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