KAYODE OYERO FROM CHANNELS TV
The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has described President Bola Tinubu’s 15% inflation target for 2025 as “aspirational” and “bullish”.
The economist stated this on Channels Television’s Business Morning segment of Sunrise Daily breakfast programme on Thursday.
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
However, Rewane said the President’s target isn’t realistic. “Well, the target is an aspiration; the reality that we think is inflation could reduce from approximately 35% to somewhere like 27% or 25% but a 15% rate on inflation is very bullish and aspirational but we are free to have our aspirations.
Connect with us on our socials: