President Bola Ahmed Tinubu has assured Nigerians that his administration will reduce the current high inflation rate of 34.6% to 15% by the end of 2025.
In his New Year message, Tinubu acknowledged the economic challenges faced by citizens, including rising inflation and unemployment, but expressed optimism for the year ahead.
The President emphasized that efforts would be intensified to lower the cost of food and essential drugs, and to boost local production in critical sectors.
He pointed to the government’s focus on promoting food production and the manufacturing of medical supplies as part of a broader plan to curb inflation.
Details later…
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