Categories: Business

States okays FG’s launched 2021-2025 National Development Plan

President Muhammadu Buhari has launched Nigeria’s National Development Plan 2021-2025 for speedy economic recovery.

Chairman of the NGF and Governor of Ekiti state, Dr Kayode Fayemi, said the new development plan was a product of collaboration and consultation between the federal and state governments.

The plan approved by the Federal Executive Council earlier in November was launched on Wednesday at the State House in Abuja.

Before the public presentation of the official document, the Minister of Finance, Budget, and National Planning, Zainab Ahmed disclosed that the new document replaces the Economic Recovery and Growth Programme 2017- 2020.

The plan replaces the Economic Recovery and Growth Programme 2017- 2020.

The plan, according to her, is designed to among other things facilitate the nation’s robust development in the area of science and technology as well as achieve its agendas on the continental and global levels.

Chairman of the NGF, represented by the Governor of Kebbi State, Alhaji Atiku Bagudu, said, “Well, let me just clarify that I’m here to represent the Chairman of the Nigerian Governors Forum, Governor of Ekiti State, who is unavoidably absent and we congratulate Mr President for launching the 2021-2025 Development Plan as ably introduced by the Minister of National Planning.

“We had an economic recovery growth plan that expired in 2020, which has achieved the objective of, among others, helping Nigeria exit twice from the recession and now we have a plan in place for 2021-2025 that is further aimed principally at ensuring that the gains have been consolidated and Nigerians are being continuously included.

 

“This government, more than any other, has taken deliberate, active steps to include all economic groups and support them more than has ever been done in order that they achieve their economic objectives, in order that the country’s economy continues to provide for all and we will witness more prosperity. We congratulate (the FG) and I’m sure all of us in the 36 states and FCT are very happy.

“We have been consulted some of us who are members of the various committees. It’s a consultative programme and we appreciate both the President and the Vice President because under them, particularly the National Economic Council, which is the major economic decision-making body of the Federation, has been quite inclusive, it’s not a monologue, states are being given the pride of place.”

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