Sierra Leone’s former president, Ernest Bai Koroma, flew to Nigeria on a presidential plane after a court permitted him to travel abroad for medical reasons despite facing treason charges. The decision was made amidst worries that the charges could heighten tensions linked to the 2023 election. Koroma’s lawyers called the charges baseless and politically motivated. Upon arrival in Abuja, Koroma was welcomed by Nigerian officials and the president of ECOWAS, raising speculation that a deal had been struck to facilitate his relocation.
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Record inflation, a sliding naira currency, and weak financial structure are keeping investors wary of Nigeria, Africa’s largest economy, with some companies even stepping away despite economic reforms under recently-elected President Bola Ahmed Tinubu.
