A recent report by PricewaterhouseCoopers on Nigeria’s economic outlook for 2026 projected that Nigeria’s poverty rate will reach 62 per cent.
The firm estimates that most Nigerians would struggle to record income gains strong enough to offset rising prices in the near term.
PwC, in its ‘Economic Outlook 2026’ report, said Mr Tinubu’s economic policies eased inflation, stabilised exchange-rate conditions, and strengthened Nigeria’s external reserves.
“If you earn an income legitimately, you must pay tax.’’
The singer faces jail time and a fine of $23.51 million if found guilty.
PricewaterhouseCoopers noted that the high levels of losses would render the power sector and its supply unviable.
