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FG Seeks Bigger PPP Drive As Nigeria Targets $1trn Economy


Vice President Kashim Shettima yesterday demanded an aggressive expansion of public-private partnerships (PPPs) as the Federal Government intensifies efforts to unlock national assets, attract global capital, and accelerate Nigeria’s march towards a $1 trillion-dollar economy.

At the first 2026 meeting of the National Council on Privatisation (NCP) at the Presidential Villa, he said Nigeria must deliberately build a robust pipeline of bankable PPP projects to meet its economic ambitions.

The VP said: “The task before us is not only to ensure that Nigeria emerges as a safe destination for private investment, but to align that investment with the governing purpose of this administration and the larger destiny of our nation.”

Shettima stressed that Nigeria’s long-standing ambition of becoming a trillion-dollar economy would remain out of reach without a deliberate balance between public enterprise and private sector dynamism, noting that economic prosperity must be intentionally designed and sustained through strong institutions.

He said: “Prosperity does not happen by accident. It is designed, negotiated, protected, and sustained by institutions that understand that national assets must be deployed in the service of the people.”

Reviewing progress made over the past year, he highlighted key milestones across sectors such as mining, agriculture, and energy, pointing in particular to the sale of Eko Electricity Distribution Company as a major signal of renewed investor confidence.



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