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Tinubu targets ₦1500 Exchange Rate to achieve budget goals

President Bola Ahmed Tinubu - GCFR at the National Assembly

President (Asíwájú) Bọ́lá Ahmed Tinúbú – GCFR has announced that his administration is targeting an exchange rate of ₦1500 to the dollar to achieve the goals set out in the 2025 budget.

This ambitious target is part of the broader strategy to stabilize the Nigerian economy and ensure the successful implementation of the budget.

The 2025 budget, which President Tinubu presented to the National Assembly, includes significant allocations for infrastructure development, social welfare programs, and economic reforms.

By aiming for a ₦1500 exchange rate, the government hopes to enhance the value of the Naira, reduce inflation, and attract foreign investment.

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