After much speculation, it’s finally official: Eric B. & Rakim are reuniting after 24 years of being apart and pursuing other endeavors. It appears the dynamic duo are plotting a major world tour, most likely for next year in honor of the 30th anniversary of their classic 1987 album, Paid In Full.

On Friday (Oct. 21), Eric B & Rakim’s official Twitter account made the historic announcement in a series of tweets. "It's official. You heard it here first," it reads. "We are back. Preparations are under way for #EricBandRakim's return. It's been a long time."

Jokingly, the Eric B. & Rakim Twitter account also suggested that fans vote for Eric B. as President since Hillary Clinton and Donald Trump couldn't move the crowd. He's our vote.

All jokes aside, this is exciting news for fans who were anxiously waiting for the duo to reunite on stage. A couple of weeks ago, Eric B. posted a photo on Instagram of himself and Rakim together as he announced a new management team called Paid in Full.

Eric B. and Rakim haven't performed or recorded music together since breaking up in 1993. The last album released by Eric B. and Rakim was 1992’s critically acclaimed LP, Don’t Sweat the Technique. Rakim would later resurfaced as a solo artist and release three solo projects, The 18th Letter (1997), The Master (1999) and The Seventh Seal (2009).

Eric B. & Rakim did reunite in 2010 for their induction into the Long Island Music Hall of Fame.

There's no word on tour dates and other promotional plans for their historic reunion. Either way, we are glad that Eric B. & Rakim are thinking of a master plan.