{"id":136019,"date":"2025-11-12T17:30:11","date_gmt":"2025-11-12T17:30:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/136019\/"},"modified":"2025-11-12T17:30:11","modified_gmt":"2025-11-12T17:30:11","slug":"fg-launches-dgas-initiative-to-tackle-inflation-boost-incomes","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/136019\/","title":{"rendered":"FG Launches DGAS Initiative to Tackle Inflation, Boost Incomes"},"content":{"rendered":"<p>                                        <a href=\"http:\/\/airbnb.com\/h\/motalvin1\" target=\"_blank\" rel=\"noopener nofollow\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-95112 size-full aligncenter\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/11\/Moltavin-scaled.png\" alt=\"\" width=\"2560\" height=\"297\"\/><\/a><\/p>\n<p>The Federal Government and the Central Bank of Nigeria (CBN) have rolled out a new economic framework called the \u201cDis\u2011Inflation and Growth Acceleration Strategy (DGAS)\u201d.<\/p>\n<p>The initiative, announced on Wednesday, is built to tame soaring prices, fast\u2011track growth and double household earnings within the next two years.<\/p>\n<p>Special Assistant to the President on Social Media, Dada\u202fOlusegun, confirmed the rollout on X, saying the strategy will \u201cbring together development finance, private\u2011capital mobilization, project incubation, and performance management under one institutional structure.\u201d<\/p>\n<p>He said the plan is anchored on a single\u2011window execution platform, which will sync fiscal and monetary actions across the board.<\/p>\n<p>Olusegun further explained that DGAS will target GDP growth above 7\u202f%, push inflation into single digits, and cut poverty by coordinating fiscal and monetary tools. <\/p>\n<p>\u201cEnergy 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,\u201d he said.<\/p>\n<p>The platform will work hand\u2011in\u2011hand with the Ministry of Finance and the CBN to align incentives and policy outcomes.<\/p>\n<p>Persecondnews reports that the National Bureau of Statistics (NBS) released data on October 15 showing that Nigeria\u2019s headline inflation dropped to 18.02% in September 2025.<\/p>\n<p> This inflation rate is the lowest recorded in three years, matching levels last observed in June 2022.<\/p>\n<p>This decline offers a slight respite for policymakers as they implement the DGAS agenda.<\/p>\n<p>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\u2011term investment. <\/p>\n","protected":false},"excerpt":{"rendered":"The Federal Government and the Central Bank of Nigeria (CBN) have rolled out a new economic framework called&hellip;\n","protected":false},"author":2,"featured_media":136020,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,78825,113,78826,61,60],"class_list":["post-136019","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-central-bank-of-nigeria-cbn","tag-economy","tag-federal-government-fg","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/136019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=136019"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/136019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/136020"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=136019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=136019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=136019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}