FG: With Economic Growth Trajectory, Nigeria on Track Towards N1trn Economy
• Says country well positioned to consolidate its standing among Africa’s largest economies •Tinubu: We must translate macroeconomic stability into prosperity • Yuguda urges Nigerians to carefully evaluate Atiku’s promise
Nigeria's economy has been growing steadily, with a 4.43 per cent real Gross Domestic Product (GDP) growth in the second quarter of 2026, according to the National Bureau of Statistics (NBS). President Bola Tinubu emphasized the need to translate this macroeconomic stability into microeconomic prosperity through the Renewed Hope phase of his administration.
The Ooni of Ife declared that poverty in Nigeria would soon end due to President Tinubu's poverty eradication programs. The country's macroeconomic stability and steady appreciation of the naira have boosted its position among Africa's largest economies. With a projected $1 trillion economy by 2030, Nigeria is on track to become Africa's leading economy by 2028, given its strengthened foundation and improving investor confidence.
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