Nigeria must accelerate economic growth significantly to achieve its ambition of becoming a $1tn economy by 2030, the AIESEC Alumni Nigeria has said.
The organisation said the country’s current growth trajectory remained insufficient to deliver the target, stressing that Nigeria needed sustained investment, higher productivity, stronger infrastructure and consistent economic policies to change its trajectory.
The warning came at the 42nd Omolayole Management Lecture organised by AIESEC Alumni Nigeria and hosted by the Nigeria Employers’ Consultative Association in Lagos, where President and Chairman of the Governing Council, Chartered Institute of Directors Nigeria, Adetunji Oyebanji, presented a paper titled, “One Trillion Dollar Economy: What It Will Take Nigeria to Achieve the Goal?”
Oyebanji said Nigeria’s nominal GDP stood at about $290.79bn in 2025 and would require a compound annual growth rate of about 28.02 per cent between 2026 and 2030 to reach $1tn.
He said historical trends showed that the country
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