Tinubu welcomes third-quarter GDP growth, says $1tn economy possible.

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President Bola Tinubu on Monday said Nigeria is on track to becoming a $1tn economy by 2030.

Tinubu premised this assertion on the recent statistics that showed a 3.46 per cent GDP growth for the third quarter of 2024 (July, August and September).

The third-quarter report by the National Bureau of Statistics showed that Nigeria’s Gross Domestic Product grew by 3.46 per cent, compared to the 3.19 per cent growth recorded in the second quarter.

The top contributing sectors to GDP in Q3 2024 are Agriculture, 28.65 per cent; ICT 16.35 per cent; Trade 14.78 per cent; Manufacturing 8.21 per cent; Crude Oil, 5.57 per cent; Finance & Insurance 5.51 per cent and Real Estate 5.43 per cent.

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