President Bola Tinubu has reacted positively to Nigeria’s economic growth report for the third quarter of 2024, released by the National Bureau of Statistics.
The report revealed a 3.46% GDP increase, marking a year-on-year improvement that surpassed earlier projections.
The presidency attributed this growth to key sectors such as agriculture, ICT, trade, and manufacturing, which collectively played a significant role in driving the economy forward.
Tinubu reiterated his administration’s commitment to ensuring that these gains translate into better living standards for Nigerians.
The government highlighted ongoing economic reforms, including proposed tax changes aimed at reducing burdens on small businesses and fostering a more equitable tax system.
These initiatives are part of a broader strategy to achieve Tinubu’s vision of a $1 trillion economy by 2030.
As Nigeria prepares to rebase its economy in early 2025, officials anticipate that recent advancements across various industries will further position the nation for sustainable growth and shared prosperity.
PLEASE READ: PH REFINERY BEGINS OPERATION: NNPCL GCEO TO OVERSEE FIRST PMS DISPATCH
