Rewane doubts Tinubu’s ambitious $1trn economy target

The Chief Executive Officer (CEO) of Financial Derivatives Company Limited, Bismarck Rewane cast doubt on the possibility of President Bola Tinubu’s ambitious goal of achieving a $1 trillion economy in eight years.

With crude oil hovering around $74–$76 per barrel, below the benchmark, and OPEC reducing Nigeria’s daily production quota to 1.5 million barrels, Rewane foresees  $1 trillion target as increasingly unrealistic.

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