The Nigerian government has set an ambitious goal to attract $100 billion in annual investments as part of its strategy to address the country’s ongoing economic challenges. This was revealed by the Minister of Budget and National Planning, Atiku Bagudu, on Wednesday during the National Economic Dialogue organized by the Nigeria Economic Summit Group in Abuja.
Bagudu emphasized that the government has implemented a mix of difficult and necessary policy decisions in recent months to stabilize the economy. However, he acknowledged that significantly more resources would be required to fully tackle Nigeria’s economic issues.
“We aim for a more inclusive nation with a higher per capita income by the year 2050,” Bagudu stated. “To achieve this, our goal is to ensure that we invest not less than $100 billion annually.”
The minister’s comments underscore the government’s commitment to driving economic growth through substantial investments while navigating the complexities of policy reform.
