According to reporting by **The Nation**, the Federal Government has unveiled a comprehensive roadmap aimed at transforming Nigeria into a $1 trillion economy. Speaking at the 2026 Financial Correspondents Association of Nigeria (FICAN) conference, the Minister of State for Finance, Dr. Doris Uzoka-Anite, clarified that this target is a measurable policy objective rather than a political slogan.
The strategy, dubbed the “Disinflation and Growth Acceleration Strategy (DGAS),” moves away from a consumption-based model toward enhancing productive capacity. This second wave of reform focuses on nine key pillars, including infrastructure development and investment transparency, to ensure long-term value for the nation’s fiscal expenditure.
This ambitious economic projection is mirrored in reports from **Channels TV**, which noted that “the $1 trillion target requires consistent double-digit growth,” and **The Punch**, which quoted FICAN Chairman Bassy Udo stating that “bold reforms are the foundation of this transformation.”
**Echotitbits take:** Achieving 12% growth is a Herculean task given current inflationary pressures. Success hinges on the “DGAS” effectively bridging the gap between high-level policy and the actual ease of doing business for SMEs.
Source: Finance.Gov – https://finance.gov.ng/fg-targets-12-annual-growth-to-hit-1-trillion-economy-landmark-uzoka-anite/, April 17, 2026
Photo credit: Finance.Gov
