Outgoing President Unveils Agenda 2050 To Create 125M Jobs

Just a few weeks before he leaves office, President Muhammadu Buhari unveils Nigeria Agenda 2050, a plan he said is aimed at increasing real gross domestic product (GDP) growth by seven per cent.

The agenda was launched shortly before the week’s Federal Executive Council (FEC) meeting at the Council Chambers of the Presidential Villa in Abuja today.

This is coming barely two months after the FEC approved the policy document on March 15 and nearly three months after the National Economic Council endorsed the agenda.

Buhari, who is expected to leave office on May 29, 2023, for the incoming administration, said the agenda for 2050 would create at least 165 million new jobs and reduce the number of Nigerians living in poverty to 2.1 million by 2050, from the 83 million estimated in 2020.

At the launch, the President said, “This vision is a product of a dynamic knowledge-based economy to provide sustainable development by 2050.”

The goal is to increase the per capita income of Nigeria to $33,328 per annum and place it among the world’s top economies by 2050.

“I hope this document will prove useful for subsequent administrations.”