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Business

Nigeria Charts Trillion-Dollar Economy Path at 31st Economic Summit

todayOctober 7, 2025

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By Oluwakemi Kindness

Nigeria has set its sights firmly on becoming a trillion-dollar economy, as leaders, industry experts, and development partners converged in Abuja for the 31st Nigerian Economic Summit.

Declaring the summit open, President Bola Tinubu, represented by Vice President Kashim Shettima reaffirmed his administration’s resolve to drive bold reforms that expand jobs, attract investment, and deliver shared prosperity.

Vice President Kashim Shettima delivering a speech at the 31st Nigerian Economic Summit in Abuja, representing President Bola Tinubu.

Key interventions highlighted include a ₦200 billion fund to support MSMEs and manufacturers, new fiscal measures to boost domestic revenue, and nationwide infrastructure projects to power growth.

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, joined other stakeholders to discuss strategies under this year’s theme: “The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030.”

Minister of Finance and Coordinating Minister of the Economy, Wale Edun,at the 31st Economic Summit in Abuja.

The summit underscored the urgency of consolidating recent stabilization gains and ensuring the private sector leads as the engine of inclusive economic transformation.

Written by: Toyeebaht Aremu

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