Subsidy: Expect Economic Gains From 2024, Rewane Tells Nigerians

Bismarck Rewane, chief executive officer of Financial Derivatives, has suggested that Nigeria’s economy is expected to experience growth in the first quarter of 2024.

A guest on Arise News on Saturday,  Rewane said Nigerians will have to endure “more pain” before next year.

“The bad news is that there is pain and they will be more pain in the short run but the good news is that there will be gains in the first quarter of 2024,” he said.

“I used to think that you will get that sooner, but you will need to have your supplementary budget and recycle money into the system.”