The Nigeria Agenda 2050, a plan to increase real GDP growth by 7%, create 165 million new jobs, and lower the number of people living in poverty to 2.1 million in 2050 from the anticipated 83 million in 2020, was approved by the Federal Executive Council on Wednesday in Abuja.
This occurs 29 months after the President, Major General Muhammadu Buhari (ret. ), inaugurated the National Steering Committee for the drafting of the Medium-Term National Development Plan 2021–2025 and Nigeria Agenda 2050, and four weeks after the National Economic Council approved the Agenda.
By 2050, Nigeria’s main objective is to advance to the level of an Upper Middle-Income Country and then a High-Income Nation.