The President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr Jami Ibrahim, has said Nigeria’s ambition of achieving a one trillion-dollar economy by 2030 is ambitious yet attainable, provided the country fully harnesses the potential of its youth through digital transformation.
Dr Ibrahim made the statement at the weekend in Abuja during the NACCIMA Youth Entrepreneur National Youth Summit 2025. He stated that innovation-led entrepreneurship and strong policy frameworks would be decisive in steering the country towards its economic target.
“Nigeria’s ambition of building a one trillion-dollar economy by 2030 is bold. It is also very achievable, but only if we unlock the full potential of our youths. The path to this economy lies in digital transformation,” he said.
The NACCIMA chief urged lawmakers to enact laws that would remove barriers faced by young entrepreneurs, stressing that small businesses are crucial to economic expansion.
He pointed out that micro and small enterprises, with proper support, can grow quickly and evolve into major corporations that will drive development.
Dr Ibrahim assured that NACCIMA would continue to champion trade facilitation, export growth, enterprise development, and support for micro, small, and medium enterprises as part of its contribution to the country’s economic advancement.
Minister of Youth Development, Ayodele Olawande, represented by Mr Ugonna Aneke, also stressed the importance of youth participation in fostering sustainable innovation, describing Nigeria’s youthful population as one of its strongest assets.
Similarly, Chairman of the House Committee on Petroleum Resources (Upstream), Alhassan Doguwa, pledged legislative backing to create more opportunities for young Nigerians to play a defining role in the nation’s growth trajectory.
The summit, which NACCIMA described as a first-of-its-kind initiative, brought together representatives of ministries, departments, and agencies, alongside private sector players, to expose young entrepreneurs to resources and opportunities that could accelerate national development.