BossuTv Logo

Presidency: Nigeria on ‘healing journey’ to $1trn economy by 2030

Article arrow_drop_down

The Presidency says Nigeria is on a “healing journey” and firmly on course to build a 1 trillion dollar economy by 2030, driven by reforms to deepen economic and financial inclusion and position the country as Africa’s leading borderless digital hub.

Technical Adviser to the President on Economic and Financial Inclusion, Dr Nurudeen Zauro, said this in Abuja at a media parley to unveil the 2026 RegTech Africa Conference and Expo, which Nigeria will host from May 20 to 22 under the patronage of the Office of the Vice President.

Zauro said President Bola Ahmed Tinubu set a clear growth target from his first day in office, anchored on restoring confidence, expanding inclusion and attracting investment. He explained that achieving the 1 trillion dollar goal by 2030 will require building trust, infrastructure and inclusion, supported by policies that encourage partnership and collaboration.

The 2026 RegTech Africa Conference, themed “Building trust, infrastructure, inclusion and policy for a borderless economy,” is being organised with the Presidential Committee on Economic and Financial Inclusion and the Inter Governmental Action Group Against Money Laundering in West Africa.

Zauro acknowledged that recent economic reforms have been painful for citizens but insisted they are necessary to secure long term recovery. He likened the process to a parent allowing a sick child to undergo surgery in order to return to health, saying Nigeria is now on a healing path.

According to him, key economic indicators are beginning to improve as investor confidence slowly returns. He said “the numbers are changing,” investors are coming back and Nigeria’s leadership role in Africa is being reinforced.

He noted that the administration is deliberately leveraging the African Continental Free Trade Area to strengthen Nigeria’s regional influence. The President and Vice President, he added, have been engaging global partners to attract collaboration and investment into the economy.

On financial inclusion, Zauro said the agenda is driven by a presidential directive and anchored on the ASO Accord on Economic and Financial Inclusion, which emphasises commitment, partnership and collaboration across all levels of government.

He explained that the inclusion drive has been elevated to the National Economic Council to guarantee buy in from state governments and ensure that policies made at the centre reach sub national levels so that no Nigerian is left behind.

Conference organisers stressed that multi stakeholder engagement is vital to solving long standing challenges facing citizens and businesses, especially in rural and underserved areas. They said expanding market access and efficient payment systems can significantly boost productivity and economic output.

“If people have access to markets and can receive payments seamlessly, even from remote communities, productivity will increase,” they said, adding that inclusive dialogue and practical solutions are key to unlocking Nigeria’s full economic potential.

About the author

trending_flat
Rema, LISA and Anitta perform “Goals” at World Cup 2026 opening ceremony

Nigerian singer Rema, K-pop star LISA from BLACKPINK, and Brazilian singer-songwriter Anitta performed their new single "Goals" at the opening ceremony of the 2026 FIFA World Cup in Los Angeles, California. The spectacular performance took place at SoFi Stadium ahead of the tournament's opening match between France and Canada, bringing together music and football culture from three continents. Fans experienced the energy of LISA, Anitta and Rema during the spectacular opening ceremony at Los Angeles Stadium, watching the full performance online and experiencing the music, culture and excitement that helped launch football's greatest tournament. Rema, the Nigerian rapper, shared an incredible experience performing with LISA and Anitta at the opening ceremony of the 2026 FIFA World Cup on Instagram. The trio performed "Goals" live - the song they created specifically for the FIFA World Cup - marking a groundbreaking moment […]

trending_flat
Nollywood actress Toyin Adewale says marriage is not a do-or-die affair

Nollywood actress Toyin Adewale has shared her personal views on marriage, saying it is not a "do-or-die affair" for her and that she would not remain in a relationship where physical violence occurs. According to the actress, marriage has never been a do-or-die commitment for her, and she would never stay in a relationship where physical abuse takes place. She explained that "if there's no violence involved and it's just little things, I can try to work on it," but physical beating is unacceptable and she would leave. Toyin Adewale is a well-known Yoruba actress in the Nigerian film industry and has been married for many years. She has previously spoken about why actresses don't last in marriages, arguing that the entertainment industry should not be blamed for broken marriages. For 33 years, she and her husband have stayed together […]

trending_flat
Former Man Utd manager Ruben Amorim emerges as leading AC Milan candidate

Former Manchester United manager Ruben Amorim is reportedly in contention for the managerial position at AC Milan after the dismissal of Max Allegri following a disappointing conclusion to their Serie A campaign. Amorim's tenure at Manchester United came to an end in January, marking a lackluster period at Old Trafford. Having been without a managerial role for the past six months, Amorim now has a chance to take the helm at one of Europe's most prestigious clubs. AC Milan is actively seeking a new coach and is set to reach out to various candidates after parting ways with Allegri once the Serie A season concluded. In addition to Amorim, AC Milan's management is also considering Oliver Glasner, another manager currently without a position, who has a provisional two-year contract offer on the table. During his tenure at Sporting CP, Oliver […]

trending_flat
Folarin Balogun scores brace as USA thrash Paraguay 4-1

United States striker Folarin Balogun scored two goals to help the U.S. men's national team beat Paraguay 4-1 in their opening match at the 2026 FIFA World Cup in Inglewood, California. This was Balogun's World Cup debut in what Mauricio Pochettino's enthusiastic squad call a "dreamy night" for the striker. Balogun became the first U.S. men's national team player to score two goals in a World Cup game since the inaugural tournament in 1930. The Americans took the lead early in the seventh minute due to an own goal from Paraguay's Damián Bobadilla, then extended their advantage with Balogun's strikes in the 31st minute and in first-half stoppage time to end the first half with a commanding three-goal advantage. Balogun netted his first goal in the 31st minute as Christian Pulisic's deflected centering feed sat up perfectly for him to […]

trending_flat
An unusual World Cup marked by hostile reception for fans and teams

The 2026 FIFA World Cup, jointly hosted by the United States, Mexico and Canada, has been described as unusual and hostile, with passionate football fans facing visa barriers, inflated prices and poor facilities across the three host nations. Group-stage ticket prices have already been called "unusual and inflated" by supporters, while fans complain that the passionate supporters should not be cut off from the World Cup because of money. Stadiums have appeared empty at times, training pitches are poor, and airports have been described as obstacles rather than welcoming entry points for international visitors. Uruguay coach Marcelo Bielsa expressed frustration, saying "If the stadiums are empty, the training pitches are poor, and even the airports feel like obstacles, then what are we really celebrating?" Instead of discussing superstars and football teams, the focus has shifted to poor facilities, organization and […]

trending_flat
US Iran peace deal to be signed Sunday as Hormuz reopens

US President Donald Trump has announced that a deal between the United States and Iran is set to be finalized on Sunday, and that the Strait of Hormuz will reopen right after the agreement is signed. Pakistan, which has been mediating the talks, said a final agreed-upon text of a US-Iran peace deal has been reached, with only next steps needing clarification. The deal is expected to reopen the Strait of Hormuz, extend the current ceasefire, and begin negotiations on Iran's nuclear programme. Under the terms of the proposed deal, the Strait of Hormuz would reopen to shipping, returning to the situation that existed before the US and Israel launched their recent military action against Iran. The ceasefire is expected to continue for a further 60 days, with conflict ending across multiple fronts including Lebanon. The proposed memorandum of understanding […]

Related

trending_flat
Boko Haram ISWAP terrorists burn schools in Chibok

Suspected Boko Haram and ISWAP terrorists have reportedly set ablaze a primary and a secondary school in Chibok Local Government Area of Borno State. Local youth groups and community leaders say the attackers stormed the area at night, shooting into the air to scare residents before targeting the schools. Classrooms, offices and learning materials were said to have been destroyed in the fire, leaving pupils and teachers without facilities. The attack is part of renewed assaults by Boko Haram and ISWAP elements around Chibok and neighbouring communities, where several people have been killed and many displaced in recent weeks. Chibok is the same area where more than 200 schoolgirls were abducted from a government secondary school in 2014, an incident that drew global outrage. Community representatives have raised alarm over the growing insecurity, warning that continuous attacks on schools will […]

trending_flat
Abubakar tried to secure M.K.O. Abiola’s release before his death

Former Nigerian President Abdulsalami Abubakar has revealed that he actively tried to secure the release of pro-democracy leader M.K.O. Abiola before Abiola's sudden death in detention on July 7, 1998. Abiola was the apparent winner of Nigeria's June 12, 1993 presidential election, which was later annulled by the military regime of General Ibrahim Babangida. He was arrested and held in detention for more than four years by the military government of General Sani Abacha. According to a new book by Abdulsalami Abubakar, American officials who were with Abiola when he died were initially denied access to him before being allowed to meet with him. On July 7, 1998, just days before Abiola's scheduled release from prison, he collapsed during a meeting with a U.S. delegation and died in a medical center. Various theories emerged after Abiola's death, including claims that […]

trending_flat
Bandits flaunt cash online using TikTok livestreams and giveaways

Armed bandits and criminal hoodlums in Nigeria are increasingly using social media platforms, especially TikTok, to flaunt cash, hold livestreams, and fund giveaways to attract attention and build online followings. Investigators say these "cash-flaunting bandits" use money from criminal activities to stockpile arms and ammunition, buy food, and organise social gatherings in forest hideouts. The same funds are also poured into their digital presence, where they display large amounts of cash, luxury items and flashy lifestyles through short videos and live streams. These bandits run regular livestreams on TikTok, where they encourage viewers to join giveaways, follow their accounts, and engage with their content. Some of them have become known online for their flamboyant displays of wealth, even as they remain linked to kidnapping, armed robbery and other violent crimes. The use of social media by these criminal groups has […]

trending_flat
Former Army spokesperson Rabe dies in bandits’ captivity

Retired Major General Rabe Abubakar, a former spokesperson of the Nigerian Army, has died while in the custody of armed bandits in north-west Nigeria. The former Director of Defence Information and his wife, Hajiya Amina Abubakar, were abducted by heavily armed gunmen while travelling through Matazu Local Government Area of Katsina State in late May 2026. Both were taken to an unknown location after their vehicle was ambushed on a major route. During their week in captivity, the couple appeared in a video released by their captors, in which they appealed to authorities to intervene and secure their release. They also asked for the release of some arrested individuals believed to be linked to their case, as part of conditions for their freedom. Security agencies launched a search-and-rescue operation immediately after the abduction, but efforts to locate the couple were […]

trending_flat
DSS intercepts arms shipment meant for bandit kingpin

Operatives of the Department of State Services have intercepted a major arms shipment allegedly destined for a notorious bandit kingpin. Security sources said the suspect was caught while transporting a cache of arms and ammunition from Maigatari Local Government Area of Jigawa State. The consignment was reportedly headed for a known bandit leader operating across several North Central states. The intercepted weapons included items such as rifles and ammunition, which were believed to be intended to strengthen the firepower of criminal gangs. Investigators believe that stopping this shipment has disrupted an important supply line to the armed group. According to the report, the suspect is now in custody and undergoing interrogation by security operatives. Preliminary findings suggest that the suspect may be part of a wider network that moves arms across state lines for bandits and other criminal groups. The […]

trending_flat
Amotekun funding and welfare challenges threaten South West Nigeria regional security outfit

Amotekun, the regional security outfit for South West Nigeria, is facing serious challenges that threaten its ability to maintain security in the region. Five years after its establishment, the organization is struggling with funding constraints, inadequate equipment, poor welfare conditions, and weak coordination among the six South Western states. Security experts have identified legal limitations as one of Amotekun's biggest operational challenges. Unlike the police and military, Amotekun operatives are barred from carrying certain weapons and face restrictions on access to critical resources. The outfit was founded on January 9, 2020, in Ibadan, Oyo State, as the first regional security initiative initiated by a geopolitical zone in Nigeria. The Western Nigeria Security Network, codenamed Operation Amotekun, which means Leopard or Cheetah in Yoruba, covers all six states of South Western Nigeria but the Federal Government declared it an illegal operation […]

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation