Thursday, November 21, 2024

Nigeria Launches $1.Trillion Economy Plan For 2030

Nigeria’s Vice President, Kashim Shettima, has launched an initiative to transform the country into a $1 trillion economy by 2030, prioritizing economic and financial inclusion to combat poverty and drive sustainable growth.

The project aims to provide access to capital, eradicate poverty, and ensure universal access to financial services, aligning with President Bola Tinubu’s Renewed Hope Agenda.

Shettima emphasized the importance of inclusive economic growth, citing Nigeria’s recent credit outlook upgrade to positive by Fitch Ratings.

READ MORE: Rainfall In Zamfara Destroys Properties, Renders Residents Homeless

The initiative has received funding from the Bill & Melinda Gates Foundation and support from stakeholders, including the Lagos Business School, Augmentum Advisory, and Banwo & Ighodalo.

The goal is to establish an operating model and legal framework for economic and financial inclusion, ensuring every Nigerian has the opportunity to thrive.

The Vice President urged the implementation team and stakeholders to recognize the weight of their responsibility and contribute their insights and expertise to drive economic and financial inclusion across the nation.

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