Economic Recovery Plan By Acting President Of Nigeria, Yemi

Economic Recovery And Growth Plan (ERGP)  Of President Mohammed Buhari finally Released By Yemi Osibanjo-Led FG

                                                       donric.blogspot.com

Acting President Yemi Osinbajo-led Federal Government has at last released the Economic Recovery and Growth Plan (ERGP) of the Muhammadu Buhari administration aimed at rescuing Nigeria’s de-escalate economy.

This is coming after several Nigerians have branded the present administration as being clueless on how to salvage the country from the debilitating effects of the economic situation that has resulted in untold hardship among many Nigerian families.

However, Osinbajo, who has continued to impress since lumbered with the leadership position of Nigeria following the indisposition of President Muhammadu Buhari who has been on medical leave in the United Kingdom for
about 50 days now, on Tuesday released government’s plan to recover the economy.

The plan is set to target key areas as Science, Technology and Innovation which will help in building a knowledge-based economy.

According to the government, it will also focus on Sustainable Development Goals (SDGs) given that the initiatives seek to address three dimensions of economic, social and environmental sustainability issues.

Government said in a release, that “The ERGP differs from previous plans in several ways. First, focused implementation is at the core of the delivery strategy of the plan over the next four years.

“More than ever before, there is a strong political determination, commitment and will at the highest level. Whilst all the MDAs will have their different roles in implementing the plan, a delivery unit is being established in the presidency to drive the implementation of key ERGP priorities.

“The ministry of budget and national planning will coordinate plan-implementation and for this purpose will, amongst other things, build up its capability for robust monitoring and evaluation.

“The current administration recognizes that the economy is likely to remain on a path of steady and steep decline if nothing is done to change the trajectory. It is in this context that since inception in May 2015, Government has made several efforts aimed at tackling these challenges and changing the national economic trajectory in a fundamental way.