Presidency Launches National Development Plan 2021-2025

National, Uncategorized

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By Abdullah Bello

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

He presented the document on Wednesday to the public at the council chambers of the Presidential Villa, Abuja.

Prior to his presentation though, Minister of Finance, Budget and National Planning, Dr. Zainab Ahmad, had explained that the new document would replace the Economic Recovery and Growth Programme for 2017-2020, by which Nigeria bolted out twice from recession.

She observed that the current challenges were products of many years of inappropriate policies, fiscal leakages, and global economic phenomena, emphasising that the administration is taking necessary actions that will fundamentally change the structure of the economy and how government businesses are conducted for efficiency and effectiveness.

She said the plan would help Nigeria achieve robust development in the science and technology sectors, and also help Nigeria achieve her agenda at the continental and global levels.

For Nigerians to have the better future they desire, the Plan, according to her, is developed to play a sizable role in the international product complexity space, and adopt measures to easing constraints that have hindered the economy from attaining its potentials, particularly, on the product mapping space.

She said the Plan would provide for the implementation of major infrastructure, and other development projects across the six geo-political zones and the opening up of opportunities for the rural areas to ensure balanced development and increased competitiveness. 

Meanwhile, the Nigerian Governors’ Forum has commended President Buhari for giving the country a new National Development Plan.

Speaking with State House correspondents on behalf of his colleagues, Governor, Atiku Bagudu of Kebbi State, noted that the Development Plan 2021-2025 was all-inclusive, and would help the country consolidate on the gains of previous ones. 

  He pointed out that this administration, more than any other, had taken deliberate and active steps to include all economic groups and given them unprecedented support to achieve their economic objectives. 

While presenting the document, the President was assisted by Vice President Yemi Osinbajo, Secretary to Government of the Federation, Boss Mustapha, Governor Atiku Bagudu of Kebbi State as well as Minister of Finance, Budget and National Planning, Zainab Ahmed.

Others present at the event included Ministers of Information and Culture, Lai Mohammed, Water Resources, Suleiman Adamu, Power Abubakar Aliyu, Justice, Abubakar Malami, Industry, Trade and Investment, Niyi Adebayo, as well as Ministers of State for Education, Chukwuemeka Nwajiuba, and Budget and National Planning, Clement Agba.

The Public Presentation of the Development Plan preceded the virtual cabinet meeting for this week.

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