Nigeria: government targets inflation below 10% by end-2027
At an economic summit in Abuja, Finance Minister Taiwo Oyedele set an end-2027 horizon for single-digit inflation. Annual inflation was still 14.63% in September.
The overview of Federal Ministry of Finance of Nigeria is being prepared.
At an economic summit in Abuja, Finance Minister Taiwo Oyedele set an end-2027 horizon for single-digit inflation. Annual inflation was still 14.63% in September.
Finance minister Taiwo Oyedele presented the draft in Abuja. Its proposed safeguards have not been adopted and remain subject to consultation.
Jobs and trainingBrief
This new tranche of severance payments covers two groups of beneficiaries, following the 18 billion naira announced in September.
The new ten-year plan presented in Abuja also aims for 250 listed companies. The regulator is counting on digital channels to widen saver participation.
The updated portfolio covers five sectors and links an estimated 366,763 jobs to the projects, but the announced needs are not financing already secured.
No executive has been listed yet.