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What was a major challenge during Shagari's presidency?

  • Civil War

  • Economic Recession

  • Drought

  • Foreign Invasion

Answer

Economic recession emerged as a significant challenge during Shagari's presidency. The global oil glut in the early 1980s led to a sharp decline in oil prices, Nigeria's primary export. This resulted in reduced government revenue and a severe shortage of foreign exchange, impacting the country's ability to import essential goods and services and stifling economic growth.
Shehu Shagari: The Presidential Quest – Exploring the Legacy of Nigeria's Leader

Shehu Shagari: The Presidential Quest – Exploring the Legacy of Nigeria's Leader

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