Vice-President Kashim Shettima highlighted President Bola Tinubu’s economic strategy during a rally in Akure, emphasizing a focus on boosting state revenues and accelerating growth. He noted that Ondo State’s federation account receipts increased by over 22% in the first nine months of 2026. This growth is part of broader national efforts to meet a $1 trillion economy target by 2030.
The Federal Government has projected that the agriculture sector will contribute $300 billion to the national economy, supporting Tinubu’s ambitious growth plan. This projection comes as the government continues to implement policies aimed at improving agricultural productivity and expanding export markets.
The push for agricultural development follows years of economic reforms and infrastructure investments. Tinubu’s administration has prioritized diversifying the economy away from oil dependence, with agriculture seen as a key driver of sustainable growth. Recent data shows improved performance in key states, including Ondo, where increased federal account receipts reflect better fiscal management and policy execution.
The $1 trillion target represents a significant shift in Nigeria’s economic strategy, aiming to position the country as a regional leader in agriculture and manufacturing. With ongoing reforms and increased investment, the government hopes to create jobs, reduce poverty, and enhance food security across the country.
