Nigeria has left ‘emergency ward,’ targets $1trn economy by 2030 — Tinubu
President Bola Tinubu PRESIDENT Bola Tinubu stated that Nigeria’s economy has moved “from stabilisation to shared prosperity,” citing non-oil exports above $6 billion, external reserves of about $55 billion, and a target of a $1 trillion economy by 2030. Speaking at the public presentation of Economic Diversification and Structural Transformation in Nigeria: Past, Present and Future, authored by Abdulmumin Kofa, Tinubu said the country had abandoned “cosmetic remedies” for what he called the “hard road of surgery.” According to him: “For too long, Nigeria’s story was a song sung in a single note. We were a nation of boundless promise tied to a single product, our budget, our currency and the livelihoods of millions rising and falling with the tides of a distant oil market. We floated on the fragile illusion of oil wealth while the foundations beneath us crackborders. ”When I took the oath of office, I did not inherit a calm sea; I inherited a gathering storm: a collapsing naira, debt s...