David Malpass praises BAT for removing Subsidies and Multi Exchange Rate.

David Malpass Former World Bank chief has praised Bola Tinubu’s administration for eliminating the gasoline subsidy and standardizing the currency rate.

The astute economic expert noted via his official Twitter account on Tuesday that the policies were significant advances in the country’s fight against corruption. He was responding to a Financial Times article.

“Glad to see President Bola Tinubu taking concrete steps to scrap Nigeria’s harmful government subsidies and multiple exchange rates,” Malpass tweeted.

“These are important steps toward currency stability, lower inflation, and reduced corruption in Africa’s most populous country.”

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