Nigeria’s economy shows promise, inflation rate projected to decrease

The group, in a statement signed on Sunday in Abuja, by Malam Danjuma Mohammed, its Chairman, and Chief Wale Adedayo, Secretary, said the projection aligned with their own research, which considered various emerging economic variables.

TDF lauded President Bola Tinubu’s economic reforms, citing the withdrawal of oil subsidies and the unification of foreign exchange rates as key factors in the economy’s growth.

They highlighted Nigeria’s GDP growth to a 3.19 per cent year-on-year increase in Q2 2024.