I Will Grow Nigeria’s GDP To $1 Trillion In Eight Years – President Tinubu Vows

President Bola Ahmed Tinubu has made a commitment to boost Nigeria’s Gross Domestic Product (GDP) from $450 billion to $1 trillion within the span of eight years.

This announcement was made during a recent Federal Executive Council meeting in Abuja, as disclosed by Temitope Ajayi, the Senior Special Assistant to the President on Media and Publicity.

The President’s vision involves achieving a significant GDP growth rate of 7 percent, a substantial increase from the current 3.5 percent.

To realize this goal, President Tinubu’s administration has initiated a comprehensive plan aimed at fostering industrial growth, with a particular focus on supporting Small and Medium Enterprises (SMEs).

This renewed commitment to the real sector is expected to lead to a surge in job creation and an overall improvement in economic indicators.

The anticipated GDP growth rate is projected to rise from over 3.5 percent in 2024 to 7 percent.

In summary, President Tinubu’s ambition is to elevate Nigeria’s economy from its current $450 billion GDP to an impressive $1 trillion within the next eight years.

To achieve this, the government has devised a roadmap that places a strong emphasis on stimulating industrial growth, particularly by empowering and revitalizing SMEs and the broader industrial sector.