The Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has stressed the need for inclusive economic policies and effective collaboration across critical sectors to achieve Nigeria’s ambition of building a $1 trillion economy by 2030.
Yusuf, who was Chairman of the Occasion at the 2026 Annual Conference and Awards of the Finance and Business Online Publishers Association (FiBOP), said economic policies and reforms must translate into tangible benefits for ordinary Nigerians.
He noted that achieving the country’s economic ambition would require sustained attention to productivity, job creation, poverty reduction and the narrowing of inequality.
According to him, the success of economic reforms should not be measured solely by policy announcements or economic indicators but by their impact on the livelihoods of citizens.
“At the end of the day, what matters, no matter how good the policy or the reform is, is the impact on the lives of the people, the impact on productivity, jobs, poverty and, more importantly, inequality,” he said.
Yusuf acknowledged that Nigeria had recorded progress in some areas over the past three years but observed that the economy had also produced winners and losers, underscoring the need for policies that distribute the benefits of economic growth more broadly.
He emphasised that building a $1 trillion economy would require an economic framework that enables businesses to expand, encourages investment and creates opportunities for more Nigerians to participate in productive activities.
Speaking on the conference theme, which focuses on taxation, industry, insurance, fintech, trade and investment as catalysts for Nigeria’s $1 trillion vision, Yusuf described these sectors as interconnected drivers of productivity, enterprise development, competitiveness, economic diversification and capital formation.
He maintained that their collective contribution to national development would depend on the quality of economic policies, effective implementation and stronger coordination among stakeholders.
The CPPE chief executive also highlighted the role of the media in shaping economic policies and ensuring that the concerns of ordinary Nigerians are reflected in national economic discussions.
He commended FiBOP for providing a platform for informed debate on economic issues, stressing that online publishers were particularly important in amplifying the concerns of citizens who might otherwise lack access to influential media platforms.
Yusuf called for sustained engagement among government officials, private-sector operators, financial institutions and the media to promote policies that would support sustainable growth and ensure that the pursuit of a $1 trillion economy delivers meaningful improvements in the lives of Nigerians.
One Comment