APC and Isa Yuguda Support Tinubu's $1 Trillion Economy Goal

The All Progressives Congress (APC) and Isa Yuguda, Convener of the APC Professionals Forum, have expressed support for President Bola Ahmed Tinubu's ambition to develop a $1 trillion Nigerian economy by 2030. This endorsement was made during the second edition of the Asiwaju Scorecard Series/Policy Roundtable, where APC National Chairman, Prof. Nentawe Yilwatda, represented President Tinubu.

Yilwatda highlighted the economic challenges Nigeria faced in 2023, including fuel subsidy distortions and foreign exchange shortages. He noted that reforms such as the removal of fuel subsidies are beginning to yield positive results, including $52.7 billion in external reserves and a 4.43% GDP growth in Q2 2026.

Yilwatda emphasized that achieving the $1 trillion target would require significant investments in infrastructure, energy, and other sectors. Dr. Isa Yuguda defended the subsidy removal, citing over N15 trillion saved since its elimination and warned against promises to restore it ahead of the 2027 elections, which could undermine fiscal gains.