• Default
  • Title
  • Date
  • Random
  • The Special Duties Department in the Ministry of Budget and National Planning (MBNP), is one of the service wide Departments established on 12th August, 2014 by the Office of the
    Read More
  • The Macroeconomic Analysis Department is headed by a Director and closely supported by two Deputy Directors, an Assistant Director and other senior officers. The Department is structured into two main Divisions:
    Read More
  • Nigeria’s development efforts have over the years been characterized by lack of continuity, consistency and commitment (3Cs) to agreed policies, programmes and projects as well as an absence of a
    Read More
  • Social Development is one of the ten departments in the National Planning Commission. It was created on the 21st of February, 2011 and operates with two thematic divisions. The Department
    Read More
  • The purpose of this department is to improve the availability, quality and dissemination of government performance information for accountability and policy improvement purposes.
    Read More
  • Former President Goodluck Ebele Jonathan, GCFR, in July 2012, approved that the National Planning Commission coordinates the preparation of a National Integrated Infrastructure Master Plan (NIIMP) for the country.
    Read More
  • The International Cooperation Department is charged with the responsibility of managing multilateral and bilateral economic co-operation, including development aid and technical assistance programmes. The department is divided into two divisions, namely:
    Read More
  • We have, in keeping with our commitment to national transformation, evolved and begun the implementation of several innovation policies and programmes aimed at achieving faster and more sustainable socio-economic growth
    Read More

* Urges planners and experts to develop measures to accelerate momentum
Top planners, policy experts and managers in the country have been urged to focus attention on the development of more measures capable of sustaining and accelerating the momentum of activities in the country’s economic recovery and growth efforts.

Budget and National Planning Minister, Senator Udoma Udo Udoma, who made the call in Minna, Niger State, on Thursday at the 16th Meeting of the National Council on Development Planning (NCDP) was hopeful that deliberations at the three-day conference will focus on strategies to drive further the successes achieved so far in the implementation of the Economic Recovery and Growth Plan (ERGP). 

The major thrust of the meeting with the theme “The Economic Recovery and Growth Plan: Roadmap to Inclusive Growth, Resilient and Competitive Economy”, was to work out efffective ways of using the ERGP as a roadmap to achieve inclusive growth and build a resilient and competitive economy. 

The Minister was optimisitic that the result of such deliberations will lead to the achievement of the goal the Buhari Administration set for itself of building a sustainable, inclusive and diversified economy.
He urged participants at the conference to always remember that the administration's goal is to be the economic powerhouse of Africa; a country where, as President Muhammadu Buhari said, must be able to "grow what we eat and consume what we make"; as well as produce enough for the African continent.

He stressed that economic transformation of Nigeria has always been an important element of President Buhari’s agenda for the country, a commitment which led to the packaging of the Strategic Implementation Plan (SIP) and the ERGP to address the challenging economic situation he inherited. The measures introduced under the SIP and the ERGP have had an immediate impact. 
While acknowledging that achievements so far recorded is an indication that government is moving in the right direction, he however noted that there is still more work to be done and cautioned against complacency. 

"We have more work to do to sustain and accelerate the momentum. With an estimated population growth of almost 3%, a growth rate of a little over 1% can hardly be felt. We need to work hard to ensure that we achieve our ERGP growth target of 3.5% for 2018 and 7% by the year 2020," he stressed. 

He was optimistic that "if we keep on working hard and sustaining the tempo there is no reason why we cannot achieve a growth rate of up to 10% in succeeding years. Nigeria has the people, we have the energy and we have the resources to achieve this. Let us not relent until we are growing at a rate that can turn us into the economic powerhouse of Africa, and even the World."

The Minister explained the import of the Malaysian style lab that will soon kick off in Nigeria. "We have set up a special implementation unit to ensure effective delivery of the ERGP. In the coming weeks, this special implementation unit will be running sector-focused style labs in Agriculture and Transportation, Power and Gas, and Manufacturing and Processing. 

"To help us in running these labs, we have retained PEMANDU, which was the Malaysian agency that spearheaded the transformation of the Malaysian economy using these labs. PEMANDU will act as consultants to support the members of our implementation unit. 
"For each lab we will assemble relevant stakeholders (in the public and private sectors) into unbroken weeks of intensive working sessions to brainstorm on practical steps to overcome identified challenges in the selected sector. We will be reaching out to all the States to participate in these labs. The central objective of the labs will be to harness private capital to finance projects across the country. Indeed, at the end of each lab the participants would have developed very detailed implementation plans with identified funding support. 

"Both public and private sector participants, from within and outside the country, will be invited to participate in these labs. Some of the staff we have already retained for this purpose are available in this meeting to interact with you and give you more information on the proposed labs, as well as all other implementation initiatives", he added.
The Minister expressed his appreciation to the Governor of Niger State, Alhaji Abubakar Sani Bello, and the people of the State for accepting to host the meeting. He commended the governor for his passionate zeal in transforming the State through the continued search for solutions to the challenges that affect our common interest as a people, and as a nation. 

Signed
Akpandem James
Special Adviser (Media) to Hon. Minister

Latest News

MDA 2017 Capital Project Det...

2018-01-16

Honourable Minister of State approved that this document should be for MDAs to download Templates for reportin...

Insurgency: FG, UN working t...

2018-01-15
Insurgency: FG, UN working to ensure victims return to normal lives.

The federal government and the united nations are working assiduously to ensure victims of the insurgency in t...

Indicators point to a better...

2018-01-15
Indicators point to a better economic performance in 2018 – Udoma

The Nigerian economy will be significantly better in 2018 going by the consistent positive trend of key indica...

Udoma lauds Japan’s developm...

2018-01-11
Udoma lauds Japan’s development assistance programmes Says it aligns with Nigeria’s development needs

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has commended the Japanese Government f...

Vacant Project Position in t...

2018-01-08

The Office of the National Authorizing Office (NAO) of the European Development Fund (EDF) in Nigeria announce...

Nigeria places premium on la...

2017-12-21
Nigeria places premium on labour matters - Udoma

Labour matters command a very high priority in the administration of President Muhammadu Buhari, Budget and N...

FG's priority is to create b...

2017-12-21
FG's priority is to create better environment for investments - Udoma

Budget and National Planning Minister, Senator Udoma Udo Udoma has told a delegation of French businessmen tha...

FG set to commence focused l...

2017-12-21
FG set to commence focused labs to boost economic growth

Following the Federal Executive Council’s approval, the Ministry of Budget and National Planning is set to org...

FG moves to consolidate gain...

2017-12-21
FG moves to consolidate gains of economic recovery efforts

* Urges planners and experts to develop measures to accelerate momentumTop planners, policy experts and manage...

«
»

Budget and National Planning Leadership

Mayor

   

Prof. Yemi Osinbajo /Vice President and Chairman, National Economic Council/

City Council

   

Senator Udoma Udo Udoma/Hon. Minister, Budget and National Planning/

Controller

   

Mrs. Zainab Ahmed/Honourable Minister, State for Budget and National Planning/


   

 

 

 

 

 

 

 

 

Mr. Sampson O. S. Odewale /Permanent Secretary, Ministry Of Budget and National Planning/