“In 1983, Buhari felt he was swindled when he was asked by the IMF to devalue the Naira and remove subsidy. Three weeks later there was a coup against him. Since then he has been suspicious of free market policies and he took a long time to do things. When he did do them, the impact was too little too late and not optimal.”

Bismarck Rewane · said date not stated · reported 2025-07-14

Economic analyst Bismarck Rewane explained how past events shaped Muhammadu Buhari's economic policies.