Rewane challenges Tinubu’s bold 15% inflation goal, insists 27% target is more realistic

RIPPLES NIGERIA

The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has faulted President Bola Tinubu’s 15% inflation target for 2025 as “aspirational” and “bullish”.

The expert however projected that inflation could reduce from approximately 35% to somewhere like 27% or 25% instead.

He gave his projection on Channels Television’s Business Morning segment of the Sunrise Daily breakfast programme on Thursday.

Ripples Nigeria reports that during the 2025 ₦49.7tn budget presentation before the National Assembly on December 18, 2024, Tinubu expressed optimism that Nigeria’s inflation rate would decline from 34.6% to 15% in 2025…