APC Chairman Says Tinubu Administration Laying Foundation for $1 Trillion Economy

The National Chairman of the All Progressives Congress, Prof. Nentawe Yilwatda, says the administration of President Bola Tinubu is laying the foundation for Nigeria to achieve a $1 trillion economy by 2030.

Yilwatda stated this while representing Tinubu at the second edition of the Asiwaju Scorecard Series and Asiwaju Policy Roundtable.

He said the administration’s economic reforms had produced gains including stronger external reserves, increased non-oil revenue, improved trade performance, sustained GDP growth and a moderation in inflation.

The APC chairman, however, said macroeconomic stability should not be viewed as the final goal but as a foundation for cheaper food, more jobs, affordable credit, reliable electricity and improved purchasing power.

Yilwatda said Tinubu’s $1 trillion economic target was “not merely a number” but a national mission to build a more productive, competitive and prosperous Nigeria.

He said achieving the target would require investment in strategic highways, railways, deep-sea ports, energy infrastructure and digital connectivity to link production centres with domestic and international markets.

According to him, Nigeria’s five-port maritime vision, supported by major road and rail corridors, could position the country as a major maritime, logistics and industrial gateway to West and Central Africa.

He also identified industrial parks, agro-processing zones, logistics hubs, manufacturing clusters and the Ajaokuta-Kaduna-Kano gas pipeline as key infrastructure projects capable of driving production, job creation, exports and investment.

Yilwatda stressed the need to invest in young Nigerians through education, skills development, digital training and responsible access to credit.

As the country approaches the 2027 general elections, he said Nigerians would have to choose between “progress or retreat; productivity or stagnation; investment or isolation.”

He said the administration’s priority should now be to move from reforms to results, economic growth and prosperity.