President Bola Tinubu has assured Nigerians that his administration would fix the country’s economic challenges, including bringing down the ballooning inflation level.
He said that even though he does not have a magic wand, Nigerians should not worry as he is determined to end inflation.
Following Tinubu’s removal of fuel subsidy and unification of the exchange rate on resumption of office in May 2023, Nigeria’s inflation rate has steadily increased, causing economic hardship to the people. The latest report by the National Bureau of Statistics (NBS) noted that the county’s inflation rose to 31.70 percent in February 2024, up from 29.90 percent in the previous month.
But when he hosted the All Progressives Congress (APC) Presidential Campaign Council to 2024 Ramadan Iftar at the State House on Wednesday in Abuja, Tinubu said his government is working to reverse it.
