Nigeria's Economy to Grow by 4.68% in 2026, Minister Edun Projects Inclusive Growth

Nigeria's Economy Minister, Wale Edun, forecasts a 4.68% growth in 2026, aligning with the government's goal of achieving 7% annual growth to build a trillion-dollar economy by 2030. Edun emphasizes the need for fiscal discipline, infrastructure investment, and revenue enhancement to drive economic growth and reduce poverty.

He highlights the government's commitment to transparency, fiscal reforms, and completing ongoing projects to strengthen the country's financial position. Edun also mentions initiatives to boost government revenue through digitalization, tax reforms, and improving compliance.

The government aims to outpace population growth, lift millions out of poverty, and diversify the economy for global competitiveness. President Bola Tinubu's vision includes building a resilient, diversified economy with stable exchange rates and increased trade opportunities within ECOWAS and the African continent.