By Tony Obiechina, Abuja
The Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu, received copy of the draft Programme for Country Partnership (PCP) document which would form the basis for 2023-2027 cooperation agreement.
The Minister who received the document during the courtesy visit by UNIDO team in his office in Abuja on Tuesday, said that the agreement was between Nigeria and United Nations Industrial Development Organization (UNIDO) .
He said that the constitution of the committee was sequel to the request of the past administration in March 2021 for UNIDO to upscale its country programme 2018-2022 in its next programme cycle starting from 2023 to 2027.
Bagudu said, “The assignment of the committee was to align the proposed Nigeria PCP (2023-2027) priority areas with the National Development Plan (NDP) 2021-2025 and identify sources of funding for the PCP during the programme period.
The Tripartite to the two Honourable Ministers of State for BNP and FMITI as well as representatives of the Board of UNIDO in
“ The committee presented its report in August 2022, the proposed total budget for PCP Nigeria 2023-2027 of US$174,585,000.00 and how it is to be sourced. READ ALSO:
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“Government counterpart contribution 14.3 per cent using the structure for financing of NDP 2021 – 2025: $24,965,655.00 and UNIDO/Partner’s contributions 85.7 per cent $149,619,345.00,” Bagudu said.
The minister also said that he was impressed with the document because it is gender inclusiveness. Women are strong factors and they are very enterprising.
“ The process 90 per cent of rice that is why we are always supporting them just a means of encouragement”.
