The federal government and the Central Bank of Nigeria (CBN) have launched the dis-inflation and growth acceleration strategy (DGAS).
Special assistant to the president on social media, Dada Olusegun, who disclosed this in a post on X, on Wednesday, said the initiative is designed to curb inflation, accelerate growth, and double household incomes within the next two years.
According to Olusegun, the DGAS aims to lift gross domestic product (GDP) growth above 7 per cent, bring inflation down to single digit, and reduce poverty through coordinated fiscal and monetary actions.
“The DGAS will be implemented through a “single-window execution platform”, bringing together development finance, private capital mobilisation, project incubation, and performance management under one institutional structure,” he wrote.
According to him, “Energy diversification is also a major focus of DGAS, which targets the expansion of oil, gas, hydro, solar, wind, biomass, and hydrogen resources to power industrial growth.”
Olusegun said the platform will also coordinate closely with the ministry of finance and the CBN to align incentives, and policy outcomes.
On October 15, the National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate has dropped to 18.02 per cent in September 2025.
The rate is the lowest in three years, as June 2022 was the last time the country’s headline inflation hit the 18 per cent region, according to CBN data.
