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Declining inflation rate, $51bn FX reserves surge… NRS says economy showing signs of full recovery

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The Nigeria Revenue Service (NRS) says Nigeria’s economy is showing strong signs of full recovery and accelerated growth following a series of “painful” reforms by President Bola Tinubu.

In an internal report, the NRS said the positive trajectory is a result of Tinubu’s “economic management acumen and doggedness” in implementing his reforms as part of his renewed hope agenda.

The cable