President Bola Ahmed Tinubu has announced that Nigeria is on track to become a $1 trillion economy by 2030.
This ambitious goal was highlighted during the 29th Nigeria Economic Summit in Abuja, where Tinubu emphasized the importance of double-digit, inclusive, sustainable, and competitive growth.
The recent third-quarter GDP growth of 3.46% has bolstered this vision, showing a positive trend compared to the 3.19% growth in the second quarter of 2024. Key sectors contributing to this growth include Agriculture, ICT, Trade, Manufacturing, Crude Oil, Finance & Insurance, and Real Estate.
Tinubu’s administration is committed to implementing reforms and policies that will drive this economic transformation. The National Insurance Commission (NAICOM) has also outlined its strategic priorities to support this goal, focusing on regulatory frameworks, innovation, and sustainability.
Despite the challenges, Tinubu remains optimistic about Nigeria’s economic future, assuring that the government will continue to work towards improving the standard of living for all Nigerians.
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