Tinubu's 2025 Budget Predicts Inflation Rate of 15%, a Tall Order to Meet

President Bola Tinubu's 2025 budget assumes an inflation rate of 15%, a target considered ambitious given many expect inflation to decline in 2025. The projection has raised eyebrows among economists.

In the 2025 budget, President Bola Tinubus has set an ambitious inflation target of 15%, a rate that may prove challenging to achieve. According to the government's projections, this figure assumes a decline in inflation by 2025, which many experts say is overly optimistic given current economic trends. The lofty inflation target has raised concerns among economists and policymakers, who are already grappling with the impact of high prices on consumer spending and overall economic growth. The budget's reliance on such an ambitious inflation forecast has sparked debate about the government's fiscal strategy for the coming year.