The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has reaffirmed that the federal government’s ambition to grow Nigeria into a $1 trillion economy by 2030 is achievable.
The finance minister described the target as an outcome of sustained economic reforms rather than a political slogan.
Speaking on Thursday at the 7th African Emerging Markets Forum in Abuja, themed “Building Resilience Amidst Geo-Economic Uncertainties,” Mr Oyedele said the administration’s economic reforms were designed to position the country for long-term growth.
The coordinating minister of the economy stated that the goals will be achieved by restoring macroeconomic stability, improving competitiveness and attracting investment.
He said Nigeria had completed the difficult phase of stabilising the economy and was now focused on translating that stability into investment, higher productivity and improved living standards.
