• 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

Budget and National Planning Minister, Senator Udoma Udo Udoma has told a delegation of French businessmen that Nigeria’s priority is to create a better environment for businesses to thrive, as the country is focused on expanding the productive base of the economy.
While receiving the delegation which was accompanied by the French Ambassador to Nigeria, His Excellency Denys Gauer, in Abuja, the Minister said the country is more than ever before open for business.

He welcomed the increasing interest in Nigeria by both domestic and foreign investors and assured that Government is determined to continue with the various initiatives that are already improving the business climate as set out in the Economic Recovery and Growth Plan (ERGP).

He indicated that as a way to monitor the progress of our reforms, government set a target of moving 20 places up in 2017 on the World Bank Ease-of-Doing-Business rankings. However, he was happy to report that in the World Bank’s latest rankings, released in October 2017, the country moved up 24 places – a remarkable achievement. He added that Nigeria has also been recognized as one of the ten top reforming countries in the world.

The more than 30-man delegation, comprising investors in the oil and gas, energy, manufacturing, banking and logistics sectors among others,is in Nigeria to explore possible areas of investment in the country.

The Minister said that there exist in Nigeria ample opportunities for investment particularly in agriculture, manufacturing, oil and gas, power, rail, mining and shipping among others.

He explained that the fall in crude oil price experienced at the inception of the administration was a wake-up call for the diversification of the country’s economy which has historically relied, almost entirely, on crude oil for its foreign earnings and government revenues.

The Government’s response to this was the development of an ambitious four- year plan to dramatically turn around the economic direction of the country. This plan is the ERGP.  The ERGP is aimed at increasing the productivity of the Nigerian economy by encouraging private sector investment.

He told the delegation that government is committed to achieving the objectives of the plan and getting the economy back on the path of diversified, sustained and inclusive growth.

Members of the French delegation were encouraged to participate in the Malaysian style labs, which is one of the strategies being adopted by government to speedily achieve some of the core objectives of the plan.

The Minister said the aim of the focused labs is to increase both local and foreign direct investments which will ultimately translate to more jobs;and also serve as a one-stop shop from where investors can meet key regulators in one setting where inter-agency impediments to doing business in the country can be jointly addressed.

He invited the delegation to key into the Economic Recovery and Growth Plan to invest in Nigeria and take advantage of the opportunities that the country currently presents.

Speaking earlier, leader of the French delegation, Movement des Enterprises de France (MEDEF),  Philippe Lebonne told the Minister that MEDEF is the largest French Business Confederation and the largest employer of labour in France, with an estimated 750,000 firms, 90% of which he said is made up of small and medium scale enterprises.

Mr. Lebonne assured the Minister that his country has come prepared to key into the Federal Government’s agenda as set out in the ERGP.

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


Latest News

MDA 2017 Capital Project Det...


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

Insurgency: FG, UN working t...

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...

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...

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...


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

Nigeria places premium on la...

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...

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...

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...

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



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

City Council


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



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










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