
Nigeria's Bold Plan: $1 Trillion GDP by 2036 Through Strategic Economic Reforms
Nigeria unveils ambitious economic strategy targeting $1 trillion GDP by 2036, focusing on strategic reforms, private investment, and inclusive growth across multiple key sectors.
In a groundbreaking economic strategy, Nigeria is setting the stage for unprecedented growth, targeting a transformative leap towards becoming a trillion-dollar economy by 2036.
The Federal Government, led by Minister of State for Finance Dr. Doris Uzoka-Anite, has unveiled a comprehensive 2026 Growth Acceleration and Investment Mobilisation Strategy designed to unlock massive economic potential and attract global investment.
Building on two years of critical reforms including exchange rate unification and energy market restructuring, the Bola Tinubu administration is transitioning from economic stabilization to aggressive expansion. The strategy focuses on macroeconomic predictability, clear sectoral investment pathways, and disciplined policy execution to restore investor confidence.
Priority sectors identified for driving growth include energy, agribusiness, manufacturing, healthcare, digital services, creative industries, logistics, and solid minerals. The government plans to remove regulatory bottlenecks and price controls, creating a more attractive environment for private capital investment.
A key component of the strategy involves strengthening coordination between fiscal and monetary authorities. The Ministry of Finance will work closely with the Central Bank of Nigeria to support disinflation, exchange rate stability, and create orderly credit conditions. The goal is to lower inflation expectations and reduce capital costs for both public and private investments.
Financial inclusion stands at the core of this ambitious plan, with initiatives to expand consumer credit and improve access to finance for microenterprises, women-led businesses, and underserved communities. Development Finance Institutions like the Bank of Industry will play a crucial role in de-risking priority sectors and mobilizing long-term capital.
To enhance revenue generation, the government will strengthen non-oil revenue collection through improved digital systems, including a new Revenue Optimisation Platform and mandatory electronic receipts for all federal payments starting January 1, 2026. This comprehensive approach aims to create sustainable economic growth and tangible welfare improvements for Nigerian citizens.
Based on reporting by Punch Nigeria
This story was written by BrightWire based on verified news reports.
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