Uzoka-Anite Outlines Strategy for $1tr Economy
…Tasks Private Sector with 95% of Growth
By Patience Ikpeme
The newly inaugurated Minister of State for Budget and Economic Planning, Dr. Doris Uzoka-Anite, has provided a roadmap for her tenure, placing the private sector at the heart of Nigeria’s ambitious goal to become a $1 trillion economy by 2030.
Following her official assumption of duty, Dr. Uzoka-Anite shared her vision for the ministry via her official X handle, where she argued that sustainable national development relies heavily on non-government actors.
She explained that while the federal government is responsible for creating a stable environment, the actual engine of the economy remains in the hands of citizens and businesses.
“While the government provides the 5% strategic framework and policy stability, it is the 95%—the innovators, entrepreneurs, and industry leaders—who will drive our national growth,” Uzoka-Anite stated.
The Minister noted that the success of the current administration’s core objectives depends on this shift in leadership from the public to the private sphere. According to her, the Renewed Hope Agenda must be led by the private sector to achieve its full potential and deliver tangible results for Nigerians.
Reflecting on her first day at the ministry, she expressed her alignment with the senior Minister, Senator Abubakar Atiku Bagudu, regarding the federal government’s long-term financial targets. She noted that the collaboration between the two offices is geared toward a specific, high-level milestone for the country.
“I had the privilege of being received by the Honorable Minister, Senator Abubakar Atiku Bagudu, on my first day as the Minister of State for Budget and Economic Planning,” she disclosed. “Our mission is ambitious but clear: achieving a $1 Trillion economy by 2030.”
To reach this figure, Dr. Uzoka-Anite pledged to reform the way the nation plans and spends its resources. She noted that the federal budget and the upcoming National Development Plan (2026–2030) would no longer be mere administrative documents but active tools to attract capital and improve safety.
“I am committed to ensuring that our national budgeting process and the 2026–2030 National Development Plan serve as powerful catalysts for investment, security, and infrastructure,” the Minister added.
Dr. Uzoka-Anite also expressed her appreciation to President Bola Ahmed Tinubu for the opportunity to continue serving the nation in this new capacity, having previously held other senior economic roles within the cabinet.
