The recent Consumer Price Index (CPI) adjustment by the National Bureau of Statistics (NBS) could boost investors’ confidence in the nation’s economy but may not immediately ease the cost of living among Nigerians.
An economist and CEO of SPM Professionals, Dr. Paul Alaje, has expressed doubts about President Bola Tinubu's 15% inflation target for Nigeria's 2025 budget, warning that it is unrealistic unless there are significant changes in the country’s policy environment.
