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1986Event

Structural Adjustment Programme is launched

Babangida introduced SAP, including devaluation, trade liberalization, and public-spending restraint.

Hall of FameMilitary II

1986

Structural Adjustment Programme is launched

Babangida introduced SAP, including devaluation, trade liberalization, and public-spending restraint.

1000reasons.voteEditorial timeline entry

What happened

Babangida introduced SAP, including devaluation, trade liberalization, and public-spending restraint. The programme was intended to correct oil-dependent distortions.

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