{
  "id": 13032537,
  "title": "$1 Trillion Economy: FG Targets 10.34% Growth By 2030",
  "url": "https://urgent.news/2026/10/09/1-trillion-economy-fg-targets-10-34-growth-by-2030",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T04:32:53.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/10/09/1-trillion-economy-fg-targets-10-34-growth-by-2030/"
  },
  "original_language": "en",
  "account": "The Nigerian federal government has set a target of 10.34% annual economic growth by 2030, as part of its proposed National Development Plan 2026-2030, with the aim of building a $1 trillion economy. The private sector is expected to finance approximately 72% of the cumulative investment needed to achieve this target. Minister of State for Budget and Economic Planning, Dr. Doris Uzoka-Anite, highlighted the plan's focus on infrastructure, productivity, regulatory efficiency, and policy predictability. However, Nigeria's real GDP growth averaged 3.11% under the 2021-2025 plan, falling short of the 4.65% target. The proposed strategy envisions nominal economic output approaching $1 trillion by 2030, requiring stronger economic indicators to translate into tangible improvements in citizens' welfare.",
  "summary": "• Private sector expected to finance 72% of investment, govt admits infrastructure, productivity challenges • Minister insists economic transformation must translate into jobs, higher incomes, improved living standards Festus Akanbi",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}