Nigeria Targets Single-digit Inflation Before 2027 Ends

The federal government is targeting single-digit inflation before the end of 2027, Finance Minister and Coordinating Minister of the Economy, Taiwo Oyedele, has said, framing the goal as a route to lower interest rates, cheaper credit and stronger growth.
Oyedele made the commitment on Monday at the 32nd Nigerian Economic Summit in Abuja, where he defended the economic reforms of the Tinubu administration. “Before the end of next year, we want low, single digit. So that it can create the condition for single-digit interest rate,” he said.
Before the end of next year, we want to low, single digit. So that it can create the condition for single-digit interest rate.”
“If we are growing...