Nigeria targets 3.76 pct for economic growth in 2024

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Nigeria targets 3.76 pct for economic growth in 2024

STORY: Nigeria targets 3.76 pct for economic growth in 2024 SHOOTING TIME: Nov. 29, 2023 DATELINE: Dec. 1, 2023 LENGTH: 00:01:21 LOCATION: Abuja CATEGORY: ECONOMY SHOTLIST: 1. various of Nigerian President Bola Tinubu arriving at the joint session of the National Assembly in the capital of Abuja 2. various of stakeholders present 3. various of a speech by Bola Ahmed Tinubu STORYLINE: Nigerian President Bola Tinubu on Wednesday presented the 2024 appropriation bill to the joint session of the National Assembly in Abuja, the capital of Nigeria, which aims to achieve a 3.76-percent growth in gross domestic product, marking a significant step toward the nation's economic recovery. The appropriation bill, titled "Budget Of Renewed Hope," unveils a comprehensive budget of 27.5 trillion naira (about 34.8 billion U.S. dollars). "We expect the economy to grow by a minimum of 3.76 percent. Inflation is expected to moderate to 21.4 percent in 2024. In preparing the 2024 Budget, our primary objective has been to sus

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