President Bola Ahmed Tinubu on Wednesday disclosed that the nation’s external reserve has hit $42 billion.
This was disclosed by Tinubu during the presentation of the 2025 budget Appropriation Bill to a joint session of the National Assembly.
The President said there will be a drastic reduction of inflation to 15 percent from the present 34 percent in 2025.
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He further said that the dollar exchange rate will decrease from N1,700 to $1 to N1,500 to $1.
Speaking on the budget of 2025, he said his administration will continue to fight banditry and terrorism in the country.
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