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FG finalising “Nigeria Agenda 2050” to replace vision 2020 – Minister

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  Finance Budget and National Planning Minister Ms Zainab Ahmed says the country is currently finalizing the Nigeria 2050 Agenda to succeed Vision 2020 which expired two years ago Ahmed said this on Monday in Abuja at the 28th Nigerian Economic Summit NES The Nigerian News Agency reports that the theme of the pis year issue is 2023 and beyond priorities for shared prosperity According to the minister the government previously formulated the National Development Plan PND 2021 2025 to succeed the Economic Growth and Recovery Plan ERGP 2017 2020 We are in the second year of the NDP 2021 2025 with the private sector at the helm Though challenged on revenue the government has upheld its pact statements in favor of ongoing critical infrastructure projects in the energy highway railway agriculture health and education sectors This is with a view to strengthening the Nigerian economy after the COVID 19 pandemic he said The minister said that resources were being mobilized with less emphasis on oil revenues He said that funding for the 2021 2025 NDP would largely depend on domestic resource mobilization from non oil revenue sources through the results of the Strategic Revenue Growth Initiative SRGI and the Fice Acts This will further enhance and diversify government revenue and entrench fiscal prudence and value for money he said Ahmed said the theme of this year s NES was carefully chosen to provide guidance for stakeholders to examine the progress the current government has made in delivering the NDP 2021 2025 He said that the Nigeria 2050 Agenda which would be inaugurated soon seeks to raise the Gross Domestic Product GDP per capita of the country to 33 000 dollars Ahmed praised President Muhammadu Buhari for his continued support for the NESG over the past seven years He said the collaboration between the finance ministry and the group had provided the platform for regular dialogue and engagement with the private sector and other stakeholders Edited eniola williams Source Credit NAN
FG finalising “Nigeria Agenda 2050” to replace vision 2020 – Minister

Budget and National Planning Minister Ms

Finance, Budget and National Planning Minister Ms. Zainab Ahmed says the country is currently finalizing the “Nigeria 2050 Agenda” to succeed Vision 2020, which expired two years ago.

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Nigerian Economic Summit

Ahmed said this on Monday in Abuja, at the 28th Nigerian Economic Summit (NES).

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Nigerian News Agency

The Nigerian News Agency reports that the theme of the pis year issue is “2023 and beyond: priorities for shared prosperity.”

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National Development Plan

According to the minister, the government previously formulated the National Development Plan (PND), 2021-2025 to succeed the Economic Growth and Recovery Plan (ERGP), 2017-2020.

“We are in the second year of the NDP, 2021-2025 with the private sector at the helm.

“Though challenged on revenue, the government has upheld its pact statements in favor of ongoing critical infrastructure projects in the energy, highway, railway, agriculture, health and education sectors.

“This is with a view to strengthening the Nigerian economy after the COVID-19 pandemic,” he said.

The minister said that resources were being mobilized with less emphasis on oil revenues.

Strategic Revenue Growth Initiative

He said that funding for the 2021-2025 NDP would largely depend on domestic resource mobilization from non-oil revenue sources through the results of the Strategic Revenue Growth Initiative (SRGI) and the Fice Acts.

“This will further enhance and diversify government revenue and entrench fiscal prudence and value for money,” he said.

Ahmed said the theme of this year’s NES was carefully chosen to provide guidance for stakeholders to examine the progress the current government has made in delivering the NDP, 2021-2025.

Gross Domestic Product

He said that the Nigeria 2050 Agenda, which would be inaugurated soon, seeks to raise the Gross Domestic Product (GDP) per capita of the country to 33,000 dollars.

Muhammadu Buhari

Ahmed praised President Muhammadu Buhari for his continued support for the NESG over the past seven years.

He said the collaboration between the finance ministry and the group had provided the platform for regular dialogue and engagement with the private sector and other stakeholders.

Edited. eniola williams

Source Credit

Source Credit: NAN

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