Nigeria Charts Path to Non-Inflationary Growth with DGAS Framework

Nigeria Charts Path to Non-Inflationary Growth with DGAS Framework

At the Central Bank of Nigeria’s Executive Policy Seminar, economic policymakers unveiled the Disinflation and Growth Acceleration Strategy (DGAS), a unified national framework aimed at driving sustainable economic growth while curbing inflation.

Speaking at the event, the presenter emphasized the importance of coordinated action between the Central Bank of Nigeria, the Federal Ministry of Finance, and the broader economic management team. “I am confident that, through this partnership, DGAS will usher in a new era of non-inflationary, sustainable prosperity,” they said.

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DGAS is designed to combine fiscal and monetary policies to unlock capital, enhance productivity, and propel Nigeria’s GDP growth above 7% annually. The strategy focuses on expanding key sectors, strengthening energy and digital infrastructure, empowering youth, and removing regulatory barriers to private sector growth.

Officials highlighted that the framework will accelerate job creation, expand industrial capacity, and advance Nigeria’s progress toward the President’s vision of a $1 trillion economy.

With DGAS, the country aims to transition from short-term stabilization measures to long-term economic transformation, fostering a future of shared prosperity for all Nigerians.

Nigeria Charts Path to Non-Inflationary Growth with DGAS Framework