Abuja, Nigeria | September 17, 2025
The Nigerian government has set a target of attracting at least $100 billion in investments each year to achieve middle-income status by 2050. The announcement was made by Atiku Bagudu, Minister of Budget and National Planning, during a policy dialogue organized by the National Institute for Legislative and Democratic Studies (NILDS) in Abuja.
The investment goal forms part of the Agenda 2050 Long-Term Development Plan, which envisions a per capita GDP of $30,000 by mid-century. Minister Bagudu emphasized that sustained infrastructure development and supportive policies will be critical to meeting this ambitious target.
The government continues to explore strategies to mobilize both domestic and foreign investment to drive economic growth and position Nigeria as a prosperous middle-income nation by 2050.