There is no going back on the Federal Government’s commitment to achieving a $1 trillion economy by 2030, Industry, Trade and Investment Minister Dr. Jumoke Oduwole, said yesterday.
She spoke at the Domestic Investment Summit in Abuja, tagged: “Operationalising Nigeria First Policy.’’
The summit was organised to actualise the eight-point Renewed Hope Agenda (RHA).
Dr. Oduwole said the ministry was accelerating economic diversification through targeted reforms in industrialisation, digitisation, creative economy, manufacturing, and innovation.
She said President Bola Ahmed Tinubu had set a bold target to achieve the $1 trillion economy target.
The minister said: “The Nigeria First Policy is how we will actualise that vision by turning ambition into productivity and productivity into competitiveness.
“We are already taking actions, which include non-oil exports, which rose 24.75 per cent in the first quarter of 2025, reaching $1.79 billion.
“New textile parks, auto plants, and food hubs are springing up in our special economic zones.
“These facilities are producing locally for our domestic market, saving billions in foreign exchange, creating jobs on a large scale, and positioning Nigeria as the manufacturing hub for ECOWAS and Africa.”
Dr. Oduwole said the president also directed the ministry to convene the summit as a focus group session with large domestic investors that power the Nigerian economy.
She said the effort was to co-create strategies, policies, and reforms, with clear targets and specific requests for what was needed.
