Tinubu to grow Nigeria’s GDP by 6%, unify multiple exchange rates

President Bola Tinubu, who on Monday was sworn in as Nigeria’s president, has said his administration is aiming to expand the country’s gross domestic product (GDP) by “not less than 6 per cent”.

The president also unveiled a plan to harmonise the nation’s multiple exchange rates as part of the broad plan to transform Africa’s largest economy.

The target growth rate is almost two times that of last year, put at 3.1 per cent by the statistics office.