$1 Trillion Economy: FG Targets 10.34% Growth By 2030

The Federal Government has set a target of 10.34 per cent annual economic growth by 2030 under the proposed National Development Plan 2026-2030, aiming to build a $1 trillion economy. The Minister of State for Budget and Economic Planning, Dr. Doris Uzoka-Anite, disclosed that the plan envisages average annual growth of 7.79 per cent, rising from 4.68 per cent in 2026. The private sector is expected to finance about 72 per cent of cumulative investment, while the government acknowledges challenges in infrastructure, energy supply, and productivity.

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