- The Year of 2024 saw President Tinubu remove the fuel subsidy which drastically impacted economic challenges, inflation, and cost of living on basic necessities including food
- Over the summer, the Supreme Court ruled approval to give local government areas financial autonomy, and that state governors could no longer control the funds for the local government area councils.
- Security and safety remain a high concern for the nation, whether from crime, kidnapping, armed robbers, terrorism (Boko Haram and others), intercommunal violence, bandits, security force abuses, and more. Anyone can be at risk from aid workers, foreigners, university and school students, businessmen, and general villagers. There are still 1.19 million documented internally displaced people (men, women and children) with in Nigeria, as a result of past and ongoing violence. Government of Canada still lists Nigeria as a flagged country to “Avoid all non-essential travel” for a few states and to “Avoid all travel” for the majority of states.
- In January of 2024 the exchange rate was $1.00 USD to 871 Naira. In November of 2024 the exchange rate was $1.00 USD to 1,686 Naira (it is currently still close to this right now).