In April 2022, I wrote, ‘Under the “3T2030 Plan for Greater Nigeria”, a plan to turn Nigeria’s sub-$500b GDP into $3 trillion by 2030, we will institutionalize excellence, uniting all citizens to a shared vision that is open, dynamic, prosperous and hopeful.’
Ndubuisi Ekekwe’s “3T2030 Plan for Nigeria” is a plan that designed to push the GDP of Nigeria from the current sub-$500b to $3 trillion by 2030. It is structured, as encapsulated by a federal minister, within the tech or economic component, to ramp up development, and accelerate shared prosperity. It is a 100-page document which is updated regularly, and my hope is that one day, the moment will come. Yes, I will walk into that office, ready on Day 1 because I have been planning for ages.
You know what? The Nigerian government does believe in the feasibility and possibility of that $3 trillion by 20230: “Distinguished ladies and Gentlemen, a $1 trillion economy is possible by the year 2026 and a $3 trillion economy is possible within this decade. We can do it,” the government noted today during the 29th edition of the Nigeria Economic Summit.
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President Bola Tinubu has unveiled an ambitious economic growth plan, aiming to elevate Nigeria’s economy to $1 trillion by 2026 and further expand it to $3 trillion by the end of the decade in 2030.
He made this declaration during the opening address at the 29th edition of the Nigeria Economic Summit held in Abuja.
President Tinubu expressed confidence in the feasibility of these targets, emphasizing the country’s potential for double-digit, inclusive, and sustainable competitive growth. He called upon the captains of industry present to rally behind this vision of renewed economic hope.
Good People, Nigeria has latent capabilities to unlock abundance in the land. Yes, we can have a 6X GDP acceleration in seven years, and what that means is that we will have (literally) 6 Zenith Banks, 6 Dangote Groups, 6 Tekedia, 6 everything within the market system!
If that happens, my model which posits that Nigeria does not have enough trained young people to run its economy will become evident. We may even need to import workers because every person who needs a job, and is open for training and retraining, will have one.
I want to wish the government good luck on this 3T2030 playbook. Make it happen!
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When it comes to being high on talks but very low on actions, be sure to put Nigerians at the very top.
Between intent and action, which of the two has greater weight in the final outcome of things? You might think it’s the latter, but the former does.
The intent must be pure and noble, without it, whatever action you take will be at the mercy of known and unknown forces outside your control. And you will keep failing. It is the intent that directs the actions, else you will keep clinging to circumstances.
It is not hard know what a noble and pure intent is. You will be here in 2026 explaining how Nigeria missed the target, as though it ever had one. Pay great attention to intent, all the foundations of good and evil start there. This world is old enough for anyone to continue to live in delusion. Both the past and future are contained in the present, you cannot be hoping to harvest what you never planted.