1. EachPod

Nigeria’s Bold Economic Vision & Regional Growth: Reforms, Construction Surge, and Agribusiness Expansion

Author
Samuel Okocha
Published
Sat 23 Aug 2025
Episode Link
https://234digest-audio-briefs.captivate.fm/episode/nigerias-bold-economic-vision-regional-growth-reforms-construction-surge-and-agribusiness-expansion

In this week’s episode of 234Digest Audio Briefs, we dig into Nigeria’s ambitious economic growth plan under President Bola Tinubu, who targets 7% annual growth by 2027 to quadruple the economy by 2030. Hear the latest on inflation easing amid tough reforms, and a $2.6 billion power sector refinancing plan designed to tackle chronic outages.

We explore new governance measures in telecom, the construction industry’s forecasted 3.1% growth in 2025 backed by rising credit and government spending (source: Research and Markets and Central Bank of Nigeria), and Presco Plc’s major $171.6 million expansion in West Africa to address food security and reduce palm oil imports.

Other highlights include promising startup growth with Lagos-based Chowdeck's $9 million funding round, Nigeria’s forex reserves climbing to $41 billion (source: Central Bank of Nigeria), and intensified cybercrime crackdowns with recent deportations by EFCC.

Finally, discover Nigeria’s first National Digital Museum, now online at museum.ng, preserving cultural heritage with over 200 3D-scanned artifacts.

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