Nigeria's finance minister, Taiwo Oyedele, said the country could have faced 1,000% inflation without President Bola Tinubu's economic reforms. He credited policies such as the removal of fuel subsidies with preventing that extreme outcome. The claim was reported by Punch. Oyedele did not provide the period, calculation or economic model behind the figure in the excerpt. Nor did the item say whether the estimate had been independently checked. The warning presents inflation as the alternative had Nigeria not pursued subsidy removal and other policy changes. It does not specify the country's current inflation rate or explain which additional reforms the minister had in mind.