…’It aligns with Agenda 2050 goals’ – VP Shettima
Nigeria’s push for a $1 trillion economy by 2030 gathered steam yesterday as the National Economic Council (NEC) approved the Renewed Hope Development Plan (2026–2030), a new blueprint to drive reforms, accelerate growth, and align the nation’s medium-term targets with the long-term vision of ‘Agenda 2050’.
Chaired by Vice President Kashim Shettima, the Council’s 151st meeting endorsed the plan as the successor to the expiring National Development Plan (2021–2025), with Shettima describing it as “the bridge between lessons learnt and ambitions pursued”.
Unlike previous strategies, the Vice-President stressed, the ‘Renewed Hope Plan’ will be participatory, drawing input from federal and state governments, local authorities, civil society, private sector players and traditional institutions.
Shettima said the framework will consolidate ongoing reforms, strengthen continuity, and provide a practical roadmap to lift Nigeria’s economy into the trillion-dollar league.
Beyond economic policy, NEC also directed the Accountant General to expedite fund releases for the next round of the national polio immunization campaign, even as it welcomed NASENI’s rollout of solar-powered irrigation pumps to cut farmers’ costs and expand food production.
Account balances presented showed $535,823.39 in the Excess Crude Account, ₦78.4 billion in the Stabilisation Account, and ₦106.7 billion in the Natural Resources Account.
The Renewed Hope Plan is expected to be formally launched by President Bola Tinubu before year-end, with ministries, departments, and agencies (MDAs) required to anchor their 2026 Budgets on its provisions.
