Minister Bagudu Calls for $100bn Investment, Stresses Private Sector Role

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Senator Atiku Bagudu, the Minister of Budget and Economic Planning, has emphasized the need for a minimum of $100 billion in investments to realize Nigeria Agenda 2050, with over 80% of this anticipated to come from the private sector.

Speaking during the KPMG Arise TV Budget Day program, he highlighted the crucial role of private capital in accelerating the growth of Africa’s largest economy. Nigeria Agenda 2050, launched by former President Muhammadu Buhari, envisions achieving a Per Capita GDP of $33,328 per annum, positioning Nigeria among the top middle-income economies globally by 2050.

Minister Bagudu commended the President’s commitment to addressing impediments to economic growth in sectors like agriculture, power, digital economy, and energy.

Source: PUNCH

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