President Tinubu targets $1 trillion economy by 2026, $3 trillion by 2030

President Bola Tinubu has set an ambitious target of growing the economy to $1 trillion by 2026 and increasing it to $3 trillion by the end of the decade in 2030.

The President disclosed this while delivering the opening address at the 29th edition of the Nigeria Economic Summit held in the nation’s capital, Abuja.

The President while speaking on his vision for the economy said,

The President also assured investors and businesspeople that his government inherited the assets and liabilities of the government concerning the foreign exchange and financial market. He noted that the administration has a good line of sight about FX liquidity and will honour all foreign exchange forward contracts entered by the government.

In his words,

On education, the President said the student loan program will begin by 2024. He also spoke on encouraging a credit culture by providing access to consumer credit, and housing mortgages as a measure to stem corruption.

He said,