The Structural Adjustment Programme was introduced by the
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Correct Answer: Option A
Explanation:
The Structural Adjustment Programme (SAP) was introduced by the Babangida regime. It came into effect in June 1986 as a response to Nigeria’s economic crisis. SAP involved devaluation of the naira, removal of subsidies, privatisation of public enterprises, and trade liberalisation. It was a condition for obtaining loans from the International Monetary Fund and World Bank. The other regimes did not introduce SAP.
The Structural Adjustment Programme (SAP) was introduced by the Babangida regime. It came into effect in June 1986 as a response to Nigeria’s economic crisis. SAP involved devaluation of the naira, removal of subsidies, privatisation of public enterprises, and trade liberalisation. It was a condition for obtaining loans from the International Monetary Fund and World Bank. The other regimes did not introduce SAP.