₦airaland Forum

WE ARE NOW IN THE SECOND WAVE - FG

The Federal Government has outlined a rigorous roadmap to transition Nigeria into a $1 trillion economy, asserting that the target is a “specific, measurable decision” rather than a mere political slogan.

​Speaking at the 2026 Financial Correspondents Association of Nigeria (FICAN) Annual General Meeting, with the theme “Actualizing President Bola Ahmed Tinubu’s $1 Trillion Economy Agenda” held today in Abuja, the Honourable Minister of State for Finance, Dr Doris Uzoka-Anite, revealed that achieving this milestone will require the nation to maintain a sustained GDP growth rate of between 10% and 12% annually over the coming decade.

​The Minister, who was represented by Amadi Uloma, Assistant Director of Information and Public Relations, noted that while the current GDP stands at approximately $375 billion, the administration is committed to the “ambitious targets that move nations.”

​The first wave according to the Minister is

Restoring Market Integrity:

​Reflecting on the administration’s journey since 2023, the Minister highlighted that Nigeria’s economic fundamentals were structurally distorted, some also considered it politically survivable, but necessary decisions of President Bola Ahmed Tinubu to remove the fuel subsidy which she said previously consumed over $5 billion annually, and the unification of the foreign exchange market .

​She explained that ”Investors could not trust the signals our market was sending,” but, “Today, those reforms are being vindicated. In January 2026, Dr. Doris, disclosed that S&P Global Ratings revised Nigeria’s outlook to positive, affirming a high level of confidence in our fiscal, economic and monetary trajectories.”

​The “Second Wave”:

DGAS Framework: the Minister disclosed that
​the government is currently transitioning into a “second wave” of reform known as the Disinflation and Growth Acceleration Strategy (DGAS).

This nine-pillar framework is designed to move Nigeria away from a consumption-based economy toward productive capacity.

​Key pillars of the DGAS include:

​Industrialization: Moving away from exporting raw materials (which currently account for 70% of inputs) to domestic processing, modeled after the success of the Dangote Refinery.

​Infrastructure: Expanding broadband, data centers, and the Nationwide Energy Expansion Program (solar, hydro, and gas).

​Human Capital: A pipeline targeting technical training for 3 million young Nigerians annually.

​Consumer Credit: Launching a platform to make financing for housing, education, and healthcare accessible to ordinary citizens.
​
Global Re-entry and Compliance

​The Minister noted significant progress in international financial standing, highlighting Nigeria’s recent exit from the Financial Action Task Force (FATF) grey list.

​”This matters because it directly reduces compliance costs for foreign investors,” the Minister explained. Adding that “Capital flows more freely to countries that international regulators trust.”
​
She concluded with a commitment to transparency, noting that the Ministry of Finance now treats investment expenditure as a distinct pillar of public finance to ensure every naira spent builds long-term value for the Nigerian people, informing that “President Tinubu’s $1 trillion economy agenda will not be built through government action alone”.

“It will be built through the confidence of investors who trust our institutions, the productivity of entrepreneurs who can access capital and markets, the skills of young Nigerians who find opportunity rather than frustration, and the informed engagement of citizens who understand what their country is trying to do and why”.

Earlier, the FICAN Chairman, Mr Bassy Udo, speaking during his welcome remarks, emphasized the need for bold reforms asserting that “reforms is a foundation to Nigeria’s economic transformation”.

He added that to achieve Nigeria’s economic ambitions, particularly in becoming a $1 trillion economy requires bold reforms.

Mr Udo further called on key players from the financial sectors of the economy to ensure that macroeconomic variable are strengthened.

The Meeting was attended by partners and key stakeholders of the Ministry of Finance.


Signed
Amadi Uloma Nneka
Assistant Director, Information and PR
February 25, 2026
www.finance.gov.ng

CorrectionFLuid:
If Dem dish out the same kind of racism to black people, una go begin cry up and down

SHUT UP.

It's not about "if dem dish". They ARE dishing it out as you speak on their platforms unless you've been living under a rock.

Arch-defender of racists. Isn't that your profession as "Nigerians"?

Sonnobax15:

Women are terrible beings irrespective of race and tribe . Just take a look at the video,and you can easily deduce from it that the man's already stressed out and tired of the whole relationship.

I swear.

Women are women everywhere.

Imagine what that man has been through inside the house with that her screaming voice.

KINGSODD:
Omo make dem no throw kung fu moves oh.

🤣🤣🤣

Rufai is a Narcissist.

He'd also a sadist and sociopath.

Have you ever seen him smile or laugh, even when his colleagues are sharing a joke?

He just sits there stone-faced. Zero emotional connection.

He only springs to life when he sees a govt official to attack.

He has no business being there. He's a disgrace, and I'm not surprised interviewees are now shunning him.

PresidentAtiku:
Omor see the kind of embarrassing matter we discussing about the number one citizen of a country

Drug issues

Our own don finish as a country

😩😩😩😩😩😩😩😩😩😩😩😩

Rubbish.

This nonsense "issue" is limited to a few misguided Obidients on Nairaland and twitter.

In international news, there's no mention of it.

This Atiku's desperation for power has really reached critical levels.

Not sure who is sounding more desperate now between him and Obi.

madridguy:
UBER Exit or not, the reality is that many of us don't longer have disposable income to move around with Uber or bolt.

Even my friend doing the business can do a week without seeing a order. Majority are now moving around inside yellow bus.

President Tinubu took our comfort and handover to the state governors under the pretense of subsidy removal.

Your "comfort" should go to foreign companies' profit accounts, not to building your country?

Look for NIGERIAN transportation without foreign profits included, and you'll be fine.

Racoon:
Meanwhile fuel subsidy have allegedly been removed, but borrowing is endless. While the value of the naira have been thoroughly weakend till 146M citizens are now in abject poverty. Is that propaganda to you still? .

Abeg forget those nonsensical figures.

146 million people in "abject poverty".

Na so.

Listen UP.

Almost 80% of income made by Nigerians is unaccounted for in all those your OYINBO STATISTICS.

Majority of Nigerians earn money in the informal sector.

Many of them own land they can sell and earn millions.

Yet you will see an old woman frying akara on the roadside and count her as living "in abject poverty".

Meanwhile people are begging her to sell land.

Rubbish.

Racoon:
"Nigeria remains a relatively low-income economy with widespread poverty, high unemployment and underemployment, and a very young population. So many Nigerians borrow to meet basic living expenses or finance small businesses rather than fund discretionary consumption.

The result is that households with already limited incomes must devote a significant portion of their cash flow to essential expenditure, leaving considerably less for convenience services such as ride-hailing.This is where Uber’s economics become difficult.

"By records, close to a dozen major foreign businesses have exited, divested or materially restructured their Nigerian operations since 2023. GSK, Procter & Gamble, Sanofi, Kimberly-Clark, Diageo, Pick n Pay and others have all exited, divested or materially restructured their Nigerian operations in recent years. Uber now joins that uncomfortable list.

Foreign investors do not invest in population statistics, they invest in addressable markets. And an addressable market is ultimately determined by how many people can actually afford to buy what a company is selling....."

Abeg go and sit down with this propaganda....

They leave because they cannot compete against Nigerian outfits.

Nigeria is a place where you can't just come and dominate everywhere because your name is Uber.

We have serious competition here from local operators, and rightly so.

Nigeria is not Malawi or Gambia.

Bishop4bella:
Since the economy is favouring your company.
It's expected of you to say that

Set up your own company nau...let economy favour you too.

Dangote is not the only rich person in Nigeria.

He just had the mentality of self-employment at all costs. And the expansion of whatever he's doing (scaling).

Adopt that mindset too and you will be rich.

Validated:
Una go "Explain Taya", no reprive, no evidence. Even Bayo Onanuga has become content creator like Bwala.

UNA GO CRY TAYA AFTER YOU LOSE ELECTION.

Criminals seeking Nigerian Presidency through the back door.

Meanwhile Peter Obi has no Manifesto till now.
So-called presidential candidate.

MrEar:
I like him like that Daniel

At least he is a ''Narcissist'' with integrity and principle, rather than a double tongued, sell out like you and all other APC riff-raffs

By the way, Oseni Rufai has responded to Daniel Bwala

Source:

pic.twitter.com/yS7bdAbkDr

— oseni rufai (@ruffydfire) September 3, 2026

THERE IS NO SUCH THING AS "A NARCISSIST WITH INTEGRITY AND PRINCIPLE."

YOU CLEARLY DON'T KNOW WHAT A NARCISSIST IS.

TAKE THE TIME TO STUDY AND LEARN BEFORE TYPING, OK?

ChatterHouse:
Nigerians name one thing you benefited from fuel subsidy removal!!!

What a senseless post.

That's like asking someone what they benefitted from attending school.

It's up to you to "benefit" from the fuel subsidy removal by using your brain.

Go to Yaba and see your juniors launching tech startups that foreign investors are queuing up to purchase for millions of dollars.

Focusmind:
I dont know why this Von Batten guy's news is daily gracing the news trend on nairaland

His name is Okeke.

What is Von what?

Kukutente23:
Providing infrastructure is last on the ladder of being a first world country
You can't have 35million out of school children and then claim you're becoming a first world country because you built a bus terminal with loans
I hope you realise you're comparing ordinary Nigerians with beggars and homeless people
Because I'm referring to normal people here not homeless drug addicts

Dude abeg go and sleep.

All it takes is for this to be a story about YOUR STATE'S Infrastructural development, and all this your HOT AIR will transform to songs of glory, chest-beating and self-aggrandisement.

We know how your minds work.

7

motionarena:
As much as we love Oshimeh
He is not a worldclass

He is good but not in the category of Harry kane or Mbappe

I saw a video of Garry Neville where he said Oshimeh is not world class and Nigerians out of sentiments attacked him

SHUT UP.

Harry Kane that was utterly useless at the World Cup.

Overhyped English player.

Osimhen is World Class by any measurement.

Of course he's from your country. So your low self-esteem won't let you consider him World Class. .

IronGalaxy:
So if I show you a pic of someone defecating in the open in the UK, this means people from the UK defecate in the open??

Open defecation is your thing.. take ownership of it!! your government even has programs teaching you to use toilets.. 😆 🤣 😂

Heck, you even do it on beaches..

SHUT UP AND STOP TALKING RUBBISH.

YOUR BLACK TOWNSHIPS ARE THE HEADQUARTERS OF OPEN DEFECATION.

YOU NEED TO GO AND BUILD PROPER CITIES FOR YOUR BLACK POPULATION, MAJORITY OF WHOM LIVE IN FILTHY TOWNSHIP SLUMS WITH NO PIPE-BORNE WATER OR ELECTRICITY.

IronGalaxy:
You defecate out in the open, this is not a lie..
Infact you're the capital of open defecation..
These are facts, what are you disputing here?

YOU DEFECATE OUT IN THE OPEN IN SOUTH AFRICA.

SOUTH AFRICA IS THE HEADQUARTERS OF OPEN DEFECATION.

YOUR TOWNSHIPS ARE THE HEADQUARTERS OF UNDERDEVELOPMENT IN AFRICA, WITH SWATHES OF MEDIOCRE BUNGALOWS.

FACT.

DID THE WHITES COMMAND YOU TO BUILD ONLY BUNGALOWS FOR YOURSELVES?

IronGalaxy:
And this is coming from a people still grappling with basic hygiene? Stil defecating on the streets in 2026..? You and us will never be alike my friend.. I watch your YouTubers who've been to SA expressing shock that we South Africans can stand on queues and be orderly... you're generally backward but talk a lot

SHUT UP AND STOP INVENTING LIES.

THERE IS OPEN DEFECATION, FILTHY STREETS. LACK OF WATER, AND DIRT ROADS IN ALL THE BLACK TOWNSHIPS OF SOUTH AFRICA.

AND IF NOT FOR NIGERIA SPENDING $61 BILLION BETWEEN 1960 AND 1994 ON THE ANTI-APARTHEID STRUGGLE, YOU WOULD STILL BE GETTING FLOGGED AND SHOT BY WHITE SOLDIERS FOR DARING TO ENTER JOHANNESBURG OR CAPE TOWN.

AND GETTING FLOGGED AND BEATEN FOR USING A "WHITES ONLY" PUBLIC TOILET OR SITTING ON A "WHITES ONLY" SEAT IN A PUBLIC PARK.

NIGERIA SAVED YOU FROM THAT.

TODAY YOU HAVE MOUTH TO TALK, ABI?

silibaba:
Oga stop making a fool outta yourself.

Fix your country .

My 50cent.

TELL THE 1 MILLION PAKISTANIS IN SOUTH AFRICA TO GO BACK AND FIX THEIR COUNTRY, AND SHUT UP AND LEAVE NIGERIANS ALONE!

UNDERSTOOD?

PAKISTANIS AND INDIANS AND EUROPEANS CANNOT HAVE A PLACE IN AFRICA AND YOU TELL NIGERIANS NOT TO ENTER.

NEVER IN A BILLION YEARS.

UNDERSTOOD??

safarifarms:
Like the facts of his FBI files that he's desperately trying to hide? Or his childhood that is filled with holes?

Oh for goodness sake..🙄

You people are wasting your time with that nonsense.

By the way, if the USA can have Trump as president despite his being an ACTUAL CRIMINAL CONVICT ON 32 FELONY COUNTS, why should Nigeria lose sleep over Tinubu that's never been charged, much less convicted, of a single criminal offence in his entire life?

Is it one rule for your 'white lord and saviour' and another rule for Africans?

You take those filthy double standards and chuck 'em in the bin, OK?

safarifarms:
Is your principal too dull or too old to understand and use AI? Maybe AI can even help him out on the FBI files he so seriously wants to bide from the public

Why should Mr President use AI when he can simply respond with facts?

Maybe Onanuga can use AI to respond to Atiku, to even out the whole thing.

Leave Mr President alone. He will answer from his own head, unlike others.

Racoon:
Alleged drug trafficking: We were offered $3m to drop Tinubu’s probe – US firm

Von Batten-Montague-York, L.C. Writes:




Source

Where is your evidence of being offered a bribe?

YOUR FILTHY MOUTH ALONE IS NOT EVIDENCE, MR LAWYER.

IronGalaxy:
let's see a Nigerian equivalent of township, and we'll take from there. You think this place doesn't have FIFA-accredited stadiums, hotels, universities,hospitals etc? so post Nigerian townships.. i shall wait

Mr Man we don't build townships in Nigeria.

We build cities.

IronGalaxy:
All these places you mentioned...Umlazi, Soweto, Soshanguve.. are better developed than many parts of Nigeria never mind the Congo.. people from these places have running water and electricity.. they don't drink from water sachets.. Below it's some of the subrubs of soweto.. Ignorant asf you people


https://www.youtube.com/watch?v=4agxHaLUG8Q&t=441s


https://www.youtube.com/watch?v=xUi-vAu4JSI


https://www.youtube.com/watch?v=A23Fsr9DfL0



https://www.youtube.com/watch?v=k5eUOcVE-24&t=828s

Is this all??

CHAI...You've just disgraced yourself.🤣

And do SHUT UP about "running water and electricity" because you suffer from power cuts which you call "load shedding", and those townships often lack running water and power supply.

Obilikom:
Bro Congo and Malawi are better that those places you mentioned o

You will compare there with Burundi

Honestly I saw the pictures of those black townships in South Africa.

It's just like what we would call village in Nigeria....

IronGalaxy:
bar the shacks. Every area in South Africa has great infrastructure, and majority of South Africans dont live in shacks. I for being South African am already exposed to better standards of infrastructure and living standards than YOU..

You can't be Nigerian and tell me something is 100% black built" when Nigeria is 100% black

As for jumbo jets..dont know what's that got to do with anything. I couldn't care less about a jet

You can lie to yourself but WE KNOW that the majority of you blacks live in poor townships like Soweto, Mamelodi, Thembisa, Umlazi, Soshanguve and others...

Those townships look like somewhere in Congo or Malawi.

dododawa1:
Black people are






Wicked

BLACK PEOPLE ARE NOT COMMITING GENOCIDE IN GAZA.

IronGalaxy:
We drink water directly from the tap.. buying bottled water is purely optional.

Im not mocking, that's yall do.. Im setting the record straight..

Nigeria has poor
Electricity
Water/sanitation
Infrastructure
Healthcare
Literacy
Life expectancy
Living Standards

Yet you sit her calling us "slaves"..

THE MAJORITY BLACK SOUTH AFRICAN POPULATION HAS EVERY SINGLE ONE OF THOSE PROBLEMS AND MORE.

You do NOT live in areas with great infrastructure. You mostly live in the village or in 'townships' that look like Okokomaiko.

You have no black-built and black-occupied city on the level of Lagos, Abuja, Port-Harcourt, Kaduna etc...

If you say you do, NAME THEM.

Nigeria has 36 states. Some states even own their own airlines with jumbo jets...

Naija no be your mate, OK?

IronGalaxy:
You mean the one that built spaghetti intersections, universities etc.. all things you dont have..you mean that president? Try again

Do you know there are over 300 universities in Nigeria, with an average campus size of 35,000?

As for 'spaghetti' intersections, we have them all over the country - appropriately sized - not just one giant spaghetti intersection in a small city built for prestige purposes, as happened in Accra, for instance.