I would love it if President Tinubu used his 2023 Christmas Day speech to launch a new programme called Vision 2030

Ayo Akinfe

[1] We should aim for annual double digit economic growth between 2024 and 2030. If we enjoy 10% growth every year for a decade, it will increase Nigeria's GDP to over $1trn

[2] In 2014, when we enjoyed our highest export revenue generation, receipts totalled $102bn. That year we had a trade surplus of about $1.5bn. However, this as we all know was not sustainable because once oil prices fell, the figure dropped dramatically. Our goal should be to increase export revenue to a minimum of $300bn by 2030. That is the only way to guarantee a surplus, given how much we import

[3] At the moment, over 90% of government revenue comes from crude oil exports. This soft underbelly makes Nigeria highly vulnerable to the vagaries of the global oil market. By 2030, we should aim to reduce this to 50% as part of an aggressive diversification plan

[4] Given that we have a very young population and are forecast to become one the world's third most populous nations by 2050, job creation is simply a must. Our goal should be to create 20m manufacturing jobs by 2030

[5] In a bid to end the ongoing communal clashes that has the potential to create a food security problem in the country, we need to address the matter of pastoralism. If cattle herdsmen keep attacking farmers, it is only a matter of time before agricultural output falls. If farmers stop going to the farm, can we imagine the consequences? We should aim to have at least one cattle ranch in each of Nigeria's 774 local government areas

[6] By 2030, we must aim to stop exporting crude oil. Basic economics tells us that the more value you add to a product, the higher the margins you make on its sale. Our goal should be to only export finished petroleum products by 2030

[7] Cocoa production is one area where we have a comparative advantage to most other countries in the world as you need the canopy of the tropical rain forest to grow what is known as the "food of the gods." At the moment, we are the world's number four cocoa producer behind Ivory Coast, Ghana and Indonesia with an annual output of about 370,000 tonnes. We should aim to become the world's leading producer by 2030 with an output of 1.5m tonnes. By 2030, Nigeria should be exporting packaged, branded finished chocolate products directly to supermarket shelves worldwide

[8] Our power supply problems will not go away even if we generate 10,000MW in 2024 as demand will keep growing. As we industrialise, our population grows and we build more towns, the demand for electricity will keep increasing. We simply need to add at least 5MW to our capacity annually between 2024 and 2030 to cope with rising demand. By 2030, we should aim to generate at least 60,000MW of electricity

[9] By 2030, every one of Nigeria's 36 states must at least generate its own running costs. At the moment, the only state that does this is Lagos State. All the other 35 are dependent on federal handouts, some wholly deopendent on what I see as charitable aid. This is simply not sustainable. This dependency on oil can only be stopped when our states become productive

[10] For me, the key to all this remains manufacturing, manufacturing and manufacturing. By 2030, we should aim to get 50% of all cars driven in the country assembled locally as well as get 50% of all consumer goods like fridges, washing machines, TV sets, laptops, mobile phones, cookers, etc, manufactured locally