What do you believe is the single most important factor driving up the cost of living in Nigeria?

He said though the current economic situation is due to cumulative years of under-investment, the current administration is ready to rewrite the wrongs to improve the country in the next 25 years.

This came as the Chief of Staff to the President, Femi Gbajabiamila, said the country was battling various socio-economic challenges that threatened the existence of a national union.

The two government officials spoke at the National Economic Dialogue 2024 organised by the Nigerian Economic Summit Group on Wednesday in Abuja.

The event attended by leaders, policymakers, experts, and key stakeholders under the theme “Nigeria’s Economic Future: 25 Years of Democracy and Beyond”, was to reflect on the nation’s economic journey since the return to democratic rule in 1999.

In his address at the event, Bagudu revealed that the Federal Government was targeting $100bn annual investments to boost the Nigerian economy.

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