Inflation to decelerate mid-2024, says Akabueze

Speaking at a G-24 news conference on the sideline of the ongoing Spring Meeting World Bank and International Monetary Fund in Washington, United States, Akabueze hinted that the Federal Government is not talking about inflation in isolation but encompassing stabilisation of the naira in the exchange market.

With about N97.34 trillion in debts as of the last quarter of 2023, Akabueze argued that debt sustainability is the most fundamental in debt issues. He added that concessionary debt support remains important for the country especially foreign currency denominated, which helps to address the foreign currency supply situation that had put pressure on the exchange rate.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

The Federal Government has called on oil and gas operators to create ingenious ways of raising capital to expand their investment and tackle myriads of problems facing the sector, especially leveraging the nation's capital market.Publisher, The Guardian Newspapers Ltd, Lady Maiden Alex-Ibru, has called on the government at all levels in the country to remove obstacles besetting the paper industry, to prevent it from total collapse.

Apparently to sanitise the general aviation segment of local aviation, the Civil Aviation Authority Nigeria, yesterday, ordered a three-day ultimatum for all private operators and holders of non-commercial flight permits to submit for a re-evaluation.

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