RACHAEL OKONKWO ADVOCATES FOR UZO-UWANI COMMUNITY DURING GOVERNOR PETER MBAH VISIT. (PHOTO).

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 Rachael Okonkwo Advocates for Uzo-Uwani Community During Governor Peter Mbah Visit Nollywood actress Rachael Okonkwo has publicly called on Enugu State Governor Peter Mbah to address pressing infrastructural challenges in her home local government area of Uzo-Uwani. The appeal came shortly after her official appointment as the Senior Special Adviser to the Governor on Film and Creative Industry Development. During a campaign flag-off event in Uzo-Uwani, the popular movie star took the stage to voice the concerns of her constituents directly to the state chief executive. Standing before community members and government officials, Okonkwo highlighted urgent local issues, specifically emphasizing the deteriorating state of roads and the long-standing absence of reliable electricity in the area. Addressing Key Community Needs Okonkwo, who also serves as the Director of the Campaign Council for Creative and Entertainment, shared a video of her address on social media, describing the mo...
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TINUBU'S 15 PERCENT INFLATION TARGETS FOR NIGERIA IN 2025 UNREALISTIC- REWANE. (PHOTO).

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 Tinubu’s 15 percent inflation targets for Nigeria in 2025 unrealistic ~ Rewane.


The Chief Executive of Financial Derivatives and popular economist, Bismark Rewane said President Bola Ahmed Tinubu’s 15 percent inflation target in 2025 is unrealistic and a mere aspiration.


Rewane disclosed on Channels Television’s program on Thursday.


During Tinubu’s N49.7 trillion budget presentation before the National Assembly on December 18, 2024, he expressed optimism that Nigeria’s inflation rate would decline from 34.60 percent to 15 percent in 2025.


However, Rewane said the President’s target isn’t realistic.


According to him, Nigeria’s inflation can decline to 25 or 27 percent, but the 15 percent is unrealistic.


“Well, the target is an aspiration; the reality that we think is inflation could reduce from approximately 35 percent to somewhere like 27 percent or 25 percent, but a 15% rate on inflation is very bullish and aspirational, but we are free to have our aspirations.


“We deal in the world of reality, and in the world of reality, we see more of 27% to 25%. I would rather bet on that than bet on much more optimistic scenarios,” he said.


When Tinubu was sworn in as Nigeria’s president in May 2023, Nigeria’s inflation rate was 22.41 percent, according to official numbers by the National Bureau of Statistics, NBS.


The inflation rate rose astronomically to 34.6 percent in November 2024, more than 12 percent higher, a development that economic experts have attributed to Tinubu’s twin policies of petrol subsidy removal and unification of the foreign exchange rates.

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