The Federal Government says Nigeria’s economy could grow to one trillion dollars by 2030 if the country achieves at least 30 per cent value addition to raw materials before export. The Minister of Innovation, Science and Technology, Kingsley Udeh, stated this at the second African Raw Materials Summit 2026 in Abuja. Udeh said Africa holds about 30 per cent of the world’s critical mineral reserves, with its undeveloped mineral resources estimated to be worth 8.6 trillion dollars. He noted that the African Continental Free Trade Area, AfCFTA, provides access to a single market of 1.3 billion people, with projected income gains of 571 billion dollars and the potential to create 18 million jobs by 2035. The minister stressed that achieving these benefits would require the removal of non-tariff barriers, enforcement of rules of origin and increased private-sector investment. He also disclosed that the amended bill seeking to make value addition to raw materials compulsory before export had been returned to the President for assent. Similarly, the Minister of State for Industry, Trade and Investment, John Enoh, said the proposed legislation would transform Nigeria’s industrial landscape if signed into law.