A few days ago, the National Bureau of Statistics (NBS) announced that Nigeria’s inflation rate had dropped to 24.48% in January 2025, down from 34.80% in December 2024. The news was met with applause from government officials and pro-government supporters who saw it as a sign of economic recovery
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Taofeek Oyedokun
Taofeek Oyedokun is a correspondent at BusinessDay with years of experience reporting on political economy, public policy, migration, environment/climate change, and social justice. A graduate of Political Science from the University of Lagos, he has also earned multiple professional certificates in journalism and media-related training. Known for his clear, data-driven reporting, Oyedokun covers a wide range of national and international socioeconomic issues, bringing depth, balance, and public-interest focus to his work.