NEC has approved the Renewed Hope Plan (2026–2030) as a roadmap to a $1 trillion economy while directing urgent polio immunization funding.
The National Economic Council (NEC) has approved the Renewed Hope Development Plan (2026–2030), a framework aimed at positioning Nigeria’s economy to reach $1 trillion by 2030.
Vice President Kashim Shettima, who chaired the 151st NEC meeting, said the plan would consolidate reforms, deepen continuity, and align with Nigeria Agenda 2050. “The Renewed Hope Plan will consolidate ongoing reforms, deepen policy continuity, and align our medium-term strategies with the long-term horizon of Nigeria Agenda 2050. It’s a practical roadmap towards a $1 trillion economy by 2030,” he said.
Accountant General of the Federation, Shamseldeen Babatunde Ogunjimi, disclosed that the Excess Crude Account has dwindled to $535,823.39, while the Stabilisation Account holds N78.45 billion and the Natural Resources Account N106.72 billion.
NEC also directed the urgent release of funds for the next polio immunisation campaign after cases dropped by 46 percent in 2025, with Kano and Katsina recording major gains.
The five-year plan succeeds the National Development Plan (2021–2025).