The Federal Government and the Central Bank of Nigeria (CBN) have rolled out a new economic framework called the “Dis‑Inflation and Growth Acceleration Strategy (DGAS)”.
The initiative, announced on Wednesday, is built to tame soaring prices, fast‑track growth and double household earnings within the next two years.
Special Assistant to the President on Social Media, Dada Olusegun, confirmed the rollout on X, saying the strategy will “bring together development finance, private‑capital mobilization, project incubation, and performance management under one institutional structure.”
He said the plan is anchored on a single‑window execution platform, which will sync fiscal and monetary actions across the board.
Olusegun further explained that DGAS will target GDP growth above 7 %, push inflation into single digits, and cut poverty by coordinating fiscal and monetary tools.
“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,” he said.
The platform will work hand‑in‑hand with the Ministry of Finance and the CBN to align incentives and policy outcomes.
Persecondnews reports that the National Bureau of Statistics (NBS) released data on October 15 showing that Nigeria’s headline inflation dropped to 18.02% in September 2025.
This inflation rate is the lowest recorded in three years, matching levels last observed in June 2022.
This decline offers a slight respite for policymakers as they implement the DGAS agenda.
The strategy is expected to be implemented through nine coordinated pillars, including capital mobilisation, financial innovation, and a strong push for renewable energy, aiming to create millions of jobs and attract long‑term investment.