Nigeria’ll make $1trn with the right policies, says economic group

The Chief Executive Officer of the Nigerian Economic Summit Group (NESG), Dr Tayo Aduloju, Monday stated that Nigeria will attain $ 1 trillion economy in the next 10 years if the right policies are implemented.

Aduloju who spoke in Abuja at a roundtable on ‘How to grow Nigeria’s economy-The way towards successful and sustainable reforms’ organised by Konrad Adenauer Stiftung, lamented that the inconsistency in the formation of policies is one of the challenges bedeviling the country.

To this end, he noted that to grow the country’s economy, a sustainable growth plan and risk and liquidity management should be adequately implemented.

Aduloju also advocated political consensus and fiscal policies to stabilise the economy, adding that power and agricultural sectors, among others, should be properly funded to achieve a vibrant economic status.

Also speaking, a committee member on Economic Affairs, German National Parliament, Hon. Stefan Rouenhoff, in his address, said despite the challenges, there are opportunities in Nigeria.