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Nigeria seals €365m deal with Germany for devt, export

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Tag: $1 Trillion Economy

Maritime

Nigerian shippers intensify maritime reforms for $1trn economy goal

The Nigerian Shippers’ Council has intensified efforts to reposition the country’s maritime sector as a key driver of the Federal Government’s target of building a $1 trillion economy by 2030. Digital transformation and institutional modernisation have emerged as the central pillars of the council’s reform agenda. The renewed push was unveiled during a five-day strategic […]

Business

Women entrepreneurs key to Nigeria’s $1trn economy goal — FG

The Federal Government has stated that empowering women-led enterprises is essential to achieving Nigeria’s one trillion-dollar economy target and enhancing the country’s competitiveness under the African Continental Free Trade Area. Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, made this known at a high-level colloquium organised by the ministry on Friday in Abuja. Oduwole […]

Economy featured

Invest in children or risk $1tn economy dream, W’Bank warns Nigeria

Nigeria’s ambition to build a $1tn economy by 2050 could be undermined if the country fails to urgently invest in early childhood development, the World Bank has warned. The warning came during a policy dialogue held in Abuja on Tuesday, themed “Early Childhood, Productivity and Nigeria’s Growth Choices”. Development experts at the event highlighted that […]

Economy

FG approves two new satellites for $1tn economy goal

The Federal Government has approved the purchase of two new communication satellites. This move aims to boost Nigeria’s digital infrastructure and support President Bola Tinubu’s plan to grow the economy to $1tn. The Minister of Communications and Digital Economy, Mr Bosun Tijani, disclosed this on Wednesday in Abuja. He spoke at a press conference to […]

Economy

FG unveils growth plan for trillion dollar economy

The Federal Government has unveiled a new economic reform and investment mobilisation strategy aimed at accelerating growth, creating jobs and positioning Nigeria on a path towards a one trillion dollar economy. The strategy, known as the 2026 Growth Acceleration and Investment Mobilisation Strategy, was disclosed in a statement signed by the Minister of State for […]

Aviation

$1trn economy needs aviation sector support — AON boss

The Founder of United Nigeria Airlines and spokesperson for the Airline Operators of Nigeria, Professor Obiora Okonkwo, has called upon the Federal Government to maintain its support for the aviation industry, asserting that a $1 trillion economy is unattainable without a thriving air transport sector. Okonkwo made this appeal on Monday, coinciding with United Nigeria […]

Conferences featured

Nigerian shareholders push for innovation to drive $1tr economy by 2030

The Independent Shareholders Association of Nigeria has emphasized the importance of corporate governance, innovation, and stakeholder collaboration as key drivers for Nigeria to achieve its ambitious target of becoming a $1 trillion economy by 2030. This central message was the focus of ISAN’s 8th Triennial Delegates Conference, which was held at the NECA House, Lagos […]

Nigeria expecting $2.2bn loans from World Bank - Minister
Conferences

ISAN conference: Wale Edun to speak on Nigeria’s $1trn economy

The Independent Shareholders Association of Nigeria has finalized arrangements for its eighth Triennial Delegates Conference scheduled for October 30, 2025. The conference will focus on the theme: “Nigeria, towards $1 trillion economy by 2030.” The Minister of Finance and Coordinating Minister of Economy, Mr. Wale Edun, is slated to chair the conference and serve as […]

Economy

Nigeria needs 21.9% growth for $1trn economy – Report

Nigeria would require a minimum annual growth rate of 21.9 per cent at an exchange rate of N1,500/$ or a stronger exchange rate at a slower growth rate to attain a $1 trillion economy valuation by 2031, Afrinvest West Africa Limited has predicted. Afrinvest projected this in its 20th Nigeria Banking Sector Report 2025 entitled, […]

Nigeria to phase out diesel, embrace hybrid energy — Shettima
Economy

NEC unveils framework to achieve $1trn economy by 2030

The National Economic Council on Thursday unveiled the framework for the Renewed Hope Development Plan (2026–2030) aimed at consolidating Nigeria’s reform agenda and actualising the $1tn economy target of the administration of President Bola Tinubu. This was part of the resolutions reached at the 151st meeting of the council, which commended the Ministry of Budget […]

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