Business leaders are moving to sign a pact on policy reforms aimed at helping Nigeria reach its $1 trillion economy target by 2030, the Presidency said today.
In a statement released by the presidential office, officials highlighted that the country’s ambition hinges largely on bringing millions of economically active Nigerians and small business owners into the formal financial sector.
The push to formalise the economy is part of a broader strategy to improve access to finance, streamline regulatory frameworks and create a more conducive environment for investment.
By expanding formal sector participation, the government expects to boost job creation, increase tax revenue and strengthen the overall economic framework.
While the Presidency did not disclose further details of the pact, it underscored Nigeria’s position as Africa’s largest economy and its commitment to fostering inclusive growth.
<small>Source: AllAfrica Nigeria — read the original story there.</small>
