The Minister of Budget and Economic Planning, Abubakar Bagudu, has reaffirmed the commitment of President Bola Tinubu to inclusive, sustainable, and innovation-driven national development. He said that this commitment is essential to achieving his administration’s ambitious vision of a $1 trillion economy by 2030.

The Minister, at the Inaugural Annual Advocacy Lecture held in Abuja, said the President believes that development must include everyone, be sustainable over time, and embrace innovation, because what worked yesterday might not work today.

On the theme of the lecture, which he said closely aligned with the federal government’s current priorities, the Minister stated that Nigeria is finalising its 2026 National Development Plan, a critical component of the administration’s vision to transform the nation into a $1 trillion economy within the next five years.

Acknowledging the scale of the ambition, the minister said achieving such growth would require deliberate planning, strategic collaboration, and the active participation of intellectuals, professionals, and stakeholders across all sectors of society.

He stressed that national development extends beyond economic policy, encompassing coordinated planning across physical, environmental, social, and financial domains.

According to him, the success of Nigeria’s development agenda rests on three pillars: inclusiveness, sustainability, and innovation.

Highlighting the critical role of physical planning, the minister described it as a key driver of economic progress and national stability.

He observed that many persistent conflicts across the country, particularly those over land use among farmers, herders, and communities, are often the result of inadequate or poorly implemented planning systems.