President Tinubu targets 3.76% economic growth in 2024 fiscal year
President Bola Tinubu, on Wednesday, revealed that his administration is targeting a 3.76 per cent economic growth in the next fiscal year.
Tinubu said this when he presented the N27.5 trillion 2024 budget proposal to a joint session of the 10th National Assembly in Abuja — his first since assuming office exactly six months ago.
“A critical focus of this budget and the medium-term expenditure framework is Nigeria’s commitment to a greener future…We expect the economy to grow by a minimum of 3.76 percent, above the forecasted world average.
Inflation is expected to moderate to 21.4 percent in 2024,” Tinubu said.
He also vowed to maintain the January-December implementation cycle laid down by the immediate past administration of Muhammadu Buhari.
President Tinubu targets 3.76% economic growth in 2024 fiscal year
President Bola Tinubu, on Wednesday, revealed that his administration is targeting a 3.76 per cent economic growth in the next fiscal year.
Tinubu said this when he presented the N27.5 trillion 2024 budget proposal to a joint session of the 10th National Assembly in Abuja — his first since assuming office exactly six months ago.
“A critical focus of this budget and the medium-term expenditure framework is Nigeria’s commitment to a greener future…We expect the economy to grow by a minimum of 3.76 percent, above the forecasted world average.
Inflation is expected to moderate to 21.4 percent in 2024,” Tinubu said.
He also vowed to maintain the January-December implementation cycle laid down by the immediate past administration of Muhammadu Buhari.
Go to Source Link
News Headlines
Tags
Sahara Reporters Feeds
Calendar