• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Politics

Pastor Bakare plans to triple Nigeria’s GDP to $1.5 trillion if elected next president

... to launch the Nigerian Geo-economic Development Plan

Abiola Odutola by Abiola Odutola
May 27, 2022
in Politics
#EndSARS: Freezing of accounts may trigger further protests - Tunde Bakare
Share on FacebookShare on TwitterShare on Linkedin

Pastor Tunde Bakare, a Presidential aspirant on the platform of the All Progressives Congress (APC) has promised to achieve a sustained double-digit growth rate that will triple Nigeria’s GDP to $1.5trillion if elected as Nigeria’s next president.

He disclosed this during an exclusive interview with The Cable on Thursday.

He revealed that he would launch the Nigerian Geo-economic Development Plan on the first day of his administration.

RelatedStories

#EndSARS: Freezing of accounts may trigger further protests - Tunde Bakare

#EndSARS: Freezing of accounts may trigger further protests – Tunde Bakare

November 16, 2020

What the presidential aspirant is saying about his plans

He said, “Nigeria’s diverse economic potential which is spread across her geo-economic zones, I will launch the Nigerian Geo-economic Development Plan on the first day of my administration.

“With this plan, we will achieve a sustained double-digit growth rate that will triple Nigeria’s GDP to $1.5trillion and place the country among the top 16 economies in the world by 2030.

“The low economic productivity and the neglect of the real sector, especially manufacturing, were responsible for the mounting public debt, which the Debt Management Office put at close to N40trillion as of 2021.”

On national security, the cleric promised to restructure the national security architecture to protect herdsmen, farmers, traders and the common people if elected.

He explained that the nation is beset by regional, national and foreign security threats and promised to bring the security apparatus closer to the people.

The cleric stated that under his administration, Nigeria would be a net exporter of refined petroleum products and the price of fuel would significantly reduce in two years.

“If I am elected President, Commander-in-Chief of the Armed Forces, I will rebuild our national security architecture on the foundation of a new philosophy that brings national security apparatus closer to the people.

“My national security philosophy will accord the security of the cattle owner in Gusau, the farmer in Makurdi and the trader in Onitsha the same importance as the security of the President.

“If I am elected President, we will deploy the right mix of policies towards achieving progress and prosperity with our petroleum resources.

“My first focus in this regard will be to make domestic refining work optimally. With the Dangote Refinery expected to produce 50 million litres of petrol and 15 million litres of diesel daily, Nigeria’s daily consumption of petroleum products will be met through domestic production.

“This will eliminate import dependency and position Nigeria to benefit from global surges in crude oil prices. It simply shows the need to reform the sector for competitive private sector participation.

“While these reforms are ongoing towards domestic refining and the optimisation of the full value chain of petroleum resources, I will adopt a transparent and phase removal of fuel subsidy alongside targeted safety nets such that Nigerians will not feel the effect of subsidy removal. In about two years, Nigeria will be a net exporter of refined petroleum products and the price of fuel will significantly reduce,” he added.

In case you missed it

  • Nairametrics had reported that the nation’s Gross Domestic Product (GDP) grew by 3.11% (year-on-year) in real terms in the first quarter of 2022, indicating the sixth consecutive quarter of positive growth by the Nigerian economy.
  • This is according to the recently released Gross Domestic Report, released by the National Bureau of Statistics (NBS).
  • The Q1 2022 growth rate was higher than the 0.51% growth rate recorded in the corresponding period of 2021 by 2.60% points and lower than 3.98% recorded in Q4 2021 by 0.88% points.
  • However, on a quarter-on-quarter basis, real GDP contracted by 14.66% in Q1 2022 compared to Q4 2021, reflecting a lower economic activity than the preceding quarter.

Follow us for Breaking News and Market Intelligence.
Tags: Bakare on GDPPastor Tunde Bakare
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

Related Posts

#EndSARS: Freezing of accounts may trigger further protests - Tunde Bakare
Socio Economic

#EndSARS: Freezing of accounts may trigger further protests – Tunde Bakare

November 16, 2020
Next Post
List Crypto assets that investors are making money on right now

Crypto tsunami liquidates over 137K investors as market value drops to $1.2 trillion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • EFCC declares Kano indigene, Auwalu Tijjani wanted over alleged $1.9m money laundering  
  • Customs intercepts N9.23billion worth of counterfeit drugs, hands over 25 containers to NAFDAC 
  • Court dismisses ‘scavengers, beggars’ N500 million demand against FCT Minister, Wike  

Follow us on social media:

Recent News

EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says

EFCC declares Kano indigene, Auwalu Tijjani wanted over alleged $1.9m money laundering  

July 11, 2025
FX rate for customs import duties rises again by N37 

Customs intercepts N9.23billion worth of counterfeit drugs, hands over 25 containers to NAFDAC 

July 11, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics