During the 2026 Annual General Meeting of the Finance Correspondents Association in Abuja, Minister of State for Finance, Dr. Doris Uzoka-Anite, outlined Nigeria's economic target, emphasizing the need for sustained annual growth of 10-12% over the next decade to reach a $1 trillion economy by 2036. Currently, Nigeria's GDP stands at approximately $375 billion, indicating that significant growth is necessary to reach this ambitious goal.

Uzoka-Anite described the $1 trillion economy agenda as a "specific, measurable destination," which aligns with the goals set by President Bola Tinubu's administration. She mentioned that the government is working on structural reforms to foster long-term economic expansion, which is critical for achieving this target. The need for these reforms stems from the country’s current economic challenges, highlighting the urgency to implement strategies that can stimulate rapid growth.

The minister's remarks at the meeting signal a broader narrative within the Nigerian government about economic recovery and diversification efforts. With specific growth targets set, the focus on reform signifies an acknowledgment of the complexities involved in revitalizing Africa's largest economy, especially in the face of existing infrastructural and fiscal barriers that have historically hindered growth.