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Stephen Onyeiwu, Andrew Wells Robertson Professor of Economics, Allegheny College

Nigeria's economy in 2022: winners and losers

A banner is displayed to advertise diesel available at a filling station in Lagos, Nigeria. Pius Utomi Ekpei/AFP via Getty Images

At the start of 2022, Nigerians hoped that, with less than two years to the end of President Muhammadu Buhari’s administration, the government would ramp up its efforts to reduce poverty and unemployment.

In his 2022 new year message to Nigerians, Buhari was effusive about his intention to secure the country and address its socio-economic challenges.

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