FG, CBN launch strategy to reduce inflation rate to single digit
The federal government and the Central Bank of Nigeria (CBN) have launched the dis-inflation and growth acceleration strategy (DGAS).
In a post on X on Wednesday, Dada Olusegun, special assistant to the president on social media, said the initiative is designed to curb inflation, accelerate growth, and double household incomes within the next two years.
According to Olusegun, the DGAS aims to lift gross domestic product (GDP) growth above 7 percent, bring inflation down to single digit, and reduce poverty through coordinated fiscal and monetary actions.
