# Tinubu's 8% Inflation Target

> Nigeria's president promises 8% inflation and 7,500 megawatts of power if re-elected in January 2027.
- Title: Tinubu's 8% Inflation Target · The Rio Times | Shortify
- Summary: Nigeria's president promises 8% inflation and 7,500 megawatts of power if re-elected in January 2027.
- Keywords: nigeria, tinubu, apc, inflation, power generation, presidential election, nigeria election 2027, nigeria electricity, The Rio Times
- Source: The Rio Times — https://riotimesonline.com/tinubu-promises-8-percent-inflation-7500-mw-power-2027-plan
- Author: Contributing Reporter
- Published: 2026-11-09T19:47:23+00:00
- Read time: 1 min
- Topics: nigeria, tinubu, apc, inflation, power generation, presidential election, nigeria election 2027, nigeria electricity, news, world, politics
## Tinubu's Campaign Plan
President Bola Tinubu's ruling All Progressives Congress (APC) promises to cut inflation to 8% or lower and lift average peak power generation to 7,500 megawatts if re-elected on January 16, 2027.
## Current Inflation Rate
Headline inflation in Nigeria is currently 14.63% in September 2026, down from 15.39% in August 2026.
## Power Generation Target
The plan aims for average peak electricity generation of 7,500 megawatts, a unit of one million watts used by grid operators.
## Food Inflation Concerns
Food inflation in Nigeria is 19.59% in September 2026, well above the headline inflation rate.
## Campaign Launch Details
Tinubu launched his campaign in Kaduna on October 24, 2026, stating fuel subsidies are in the past but without specific inflation or power targets.
## Prediction Markets
Prediction markets show Tinubu has a 67.5% chance of winning on November 9, 2026, with Peter Obi at 22.0%.
## Current Power Situation
The National Bureau of Statistics reports no baseline for current power generation levels, making the 7,500 MW target difficult to assess.
## What the Plan Means
Investors should view the 8% inflation target as a campaign goal, not a forecast, requiring more data to be credible.
## Unconfirmed Details
The plan does not specify when inflation will reach 8% or power generation will hit 7,500 megawatts, nor the cost of food measures.
## Election Timeline
Nigeria's presidential election is scheduled for January 16, 2027, with governorship elections on February 6, 2027.
## Key takeaway

President Bola Tinubu's ruling APC aims to cut inflation to 8% or lower and boost power generation to 7,500 megawatts if re-elected on January 16, 2027.