The Federal Government has announced plans to mobilise ₦246 trillion in private sector capital to boost economic growth and expansion over the medium to long term.
The strategy marks a shift from government-led spending to a private sector–driven growth model, with emphasis on policy reforms, investment de-risking, and improved regulatory certainty. Priority sectors include energy, agriculture, manufacturing, infrastructure, housing, healthcare, and the digital economy.
The government will work through Development Finance Institutions to attract large-scale domestic and foreign investment, supporting its broader goal of building a $1 trillion economy in the next decade.
Officials say sustained macroeconomic stability and consistent policy implementation will be key to achieving the investment target and driving long-term economic expansion. Visit www.jocomms.com for more news.