President Muhammadu Buhari, on Wednesday, launched the Economic Recovery and Growth Plan (ERGP) 2017-2020, aimed at taking Nigeria out of recession as well as accelerate growth and development. While launching the plan at the Council Chamber of Presidential Villa, the President therefore, called on Nigerians to support its smooth implementation for the benefit of all.
According to him, the ERGP had brought together all the sectoral plans for agriculture and food security, energy and transport infrastructure, industrialisation and social investments together in a single document.
Mr. Buhari called on state governments to key into the plan by also articulating their economic programmes, particularly in the development of the real sector.
His words, “The Economic Recovery and Growth Plan brings together all our sectoral plans for agriculture and food security, energy and transport infrastructure, industrialization and social investments together in a single document.
“It builds on the Strategic Implementation Plan and sets out an ambitious roadmap to return the economy to growth; and to achieve a seven per cent growth rate by 2020.
“The Plan I am launching today therefore sets out what we, as government, are committed to do, to create the enabling environment for business to thrive. The Plan is a national plan, hence the role of state governments is critical to its success.
“I therefore wish to appeal to the state governments to draw inspiration and strategic direction from the Plan to articulate their economic programmes, particularly in the development of the real sector.
“I call on all Nigerians to work with us to ensure we achieve those objectives. The contents of the Plan are already familiar to a broad cross-section of Nigerians because it was developed in consultation with a wide group of stakeholders, including the National Assembly, State Governments, the business community, labour unions, academia, civil society groups and development partners.
“Our aim simply put, is to optimise local content and empower local businesses. We seek not just to take the Nigerian economy out of recession but to place it on a path of sustained, inclusive and diversified growth.
“We are determined to change Nigeria from an import dependent country to a producing nation.
“We must become a nation where we grow what we eat and consume what we produce.We must strive to have a strong Naira and productive economy.
Mr. Buhari called on state governments to key into the plan by also articulating their economic programmes, particularly in the development of the real sector.
His words, “The Economic Recovery and Growth Plan brings together all our sectoral plans for agriculture and food security, energy and transport infrastructure, industrialization and social investments together in a single document.
“It builds on the Strategic Implementation Plan and sets out an ambitious roadmap to return the economy to growth; and to achieve a seven per cent growth rate by 2020.
“The Plan I am launching today therefore sets out what we, as government, are committed to do, to create the enabling environment for business to thrive. The Plan is a national plan, hence the role of state governments is critical to its success.
“I therefore wish to appeal to the state governments to draw inspiration and strategic direction from the Plan to articulate their economic programmes, particularly in the development of the real sector.
“I call on all Nigerians to work with us to ensure we achieve those objectives. The contents of the Plan are already familiar to a broad cross-section of Nigerians because it was developed in consultation with a wide group of stakeholders, including the National Assembly, State Governments, the business community, labour unions, academia, civil society groups and development partners.
“Our aim simply put, is to optimise local content and empower local businesses. We seek not just to take the Nigerian economy out of recession but to place it on a path of sustained, inclusive and diversified growth.
“We are determined to change Nigeria from an import dependent country to a producing nation.
“We must become a nation where we grow what we eat and consume what we produce.We must strive to have a strong Naira and productive economy.
“I am pleased to present this Economic Recovery and Growth Plan for use by the Nigerian people, our friends and partners and to guide our development efforts over the next four years,’
Present at the ceremony were Vice President Yemi Osinbajo, Senate President Bukola Saraki and Speaker of the House of Representatives Yakubu Dogara, Ministers and Presidential Aides.
