Nigeria, July 7 -- When the new administration was inaugurated in 2023, HE President Bola Ahmed Tinubu laid out the basic underlying visions of the Renewed Hope Agenda. A significant iteration of that Agenda is the vision of Nigeria becoming a $1trn economy by 2030. This is a very noble vision that is consistent with the urgency of making Nigeria a great economy. It is a vision that could jumpstart the Renewed Hope Agenda into transforming the well-being of Nigerians. However, we also have to situate this vision within Nigeria's governance and economic realities.

To get to where Nigeria really can begin to make a significant improvement in the lives of Nigerians, the Nigerian state needs to be an enabling and capable developmental state....