Nigerian President Bola Tinubu formally launched his reelection bid for Nigeria's January 2027 presidential race in the northern city of Kaduna, where he argued that painful economic reforms passed during his first term were beginning to pay off, Reuters reported on Oct. 24. Separately, Nigerian Finance Minister Taiwo Oyedele unveiled a draft economic policy framework intended to serve as a blueprint for Nigerian governments regardless of changes in administration, with the plan aiming to anchor inflation below 10%, ensure tax revenue represents at least 20% of GDP and potentially impose limits on Nigeria's fiscal deficit and borrowing levels.