The Federal Government has launched an ambitious grassroots economic development strategy aimed at mapping and activating business opportunities across all 8,809 wards in Nigeria. The initiative, known as the Renewed Hope Ward Development Programme, forms a major part of the government’s long-term plan to grow Nigeria’s economy to $1 trillion by 2030.

Announcing the programme, the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, said the plan is designed to promote inclusive, bottom-up growth by identifying local value chains, supporting small-scale entrepreneurs, and strengthening coordination among federal, state, and local governments. He explained that the initiative seeks to harness Nigeria’s grassroots potential through public-private partnerships and targeted investments aimed at stimulating productivity and job creation.

According to the Minister, the project aligns with the administration’s broader economic reform efforts focused on sustainable development, human capital advancement, and equitable growth. By integrating logistics, infrastructure, and capacity-building efforts at the community level, the Federal Government aims to unlock local opportunities, enhance competitiveness, and accelerate the nation’s journey toward a $1 trillion economy by 2030.