President Tinubu pledges to address Nigeria's inflation, which reached 31.7% in February 2024.

President Bola Tinubu has assured Nigerians that his administration will tackle the country's economic challenges, including inflation. Addressing the APC Presidential Campaign Council during a Ramadan Iftar, Tinubu stated that even though he does not possess a magic wand, he is determined to reduce inflation, which has increased since fuel subsidy removal and unified exchange rate implementation. The National Bureau of Statistics reported that Nigeria's inflation rate reached 31.7% in February 2024, up from 29.9% in the previous month.

April 04, 2024
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