Nigeria’s Inflation Will Drop To Single Digit, Says Presidency

Nigeria’s Inflation Will Drop To Single Digit, Says Presidency

16th September 2025, NewsOrient, News, Governance And Development, Business And Economy

The Special Adviser to the Presidency on Economic Matters, Tope Fasua, has assured Nigerians that the inflation rate is heading towards a single digit, which, according to him, will translate to better living conditions for the masses.

Fasua gave the assurance as a guest on Channels Television’s The Morning Brief on Tuesday.

According to him, the current drop in the inflation rate has reduced the prices of food items at the market.

The Presidency’s assurance followed headline inflation data just released by the National Bureau of Statistics.

The NBS said the inflation rate eased to 20.12 per cent in August 2025 compared to the July 2025 rate, which stood at 21.88 per cent.
(Channels Television)

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