Nigeria’s 15-Year Economic Transformation Journey: World Bank VP Urges Steady Progress”

According to the World Bank VP, staying the course for 15 years will be crucial to transforming Nigeria’s economy.

Interestingly, Nigeria has already set ambitious goals, aiming to more than double its economy every four years, from $450 billion in 2022 to $1 trillion in 2026, and potentially reaching $4 trillion by 2035. The country’s economic transformation roadmap outlines phases of stabilization, consolidation, and acceleration to achieve robust and sustainable growth.

To drive this growth, Nigeria is focusing on digital transformation, with the “National Digital Economy Policy and Strategy (2020-2030)” guiding the development of the ICT sector. Collaborative regulation and meaningful policy reforms are also essential to achieving inclusive and sustainable digital transformation.

By staying committed to these reforms, Nigeria can overcome its development challenges and achieve prosperity for its citizens.

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Fasholu Gabriel Oluwatobi

Gabriel O. Fasholu is the founder and editor of SPYCONNET. A brilliant Educationist, Social Media Enthusiast & Freelancer who is passionate about passing undefiled information to the entire public.

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