President Muhammadu Buhari has launched the Nigeria Economic
Recovery and Growth Plan, ERGP, which seeks to restore the nation’s economic
status following the high rate of inflation and recession.
The launch was undertaken shortly before the commencement of the
meeting of Federal Executive Council, FEC, inside the Council Chamber, Aso
Rock, Abuja on Wednesday.
The launch was attended by all cabinet members as well as top
government functionaries including the national chairman of the governing All
Progressives Congress, APC, John Odigie-Oyegun; Senate President Bukola Saraki;
Speaker of the House of Representatives, Yakubu Dogara; and chairman of the
Nigeria Governors Forum, NGF, and Governor of Zamfara State, Abdulaziz Yari.
Mr. Buhari said his administration inherited numerous challenges
at inception. He also said his campaign was based on the difficult situation
that Nigeria was in and the need for enduring positive change.
The president said his administration is committed to delivering
on the three key areas that he promised during the campaigns; which are to
tackle corruption, insecurity and ensure economic growth.
“Security in the North East and other parts of Nigeria today is
better than when we came in. Law enforcement agencies are prosecuting many
cases of corruption and I assure all Nigerians that we are approaching our
economic challenges in the same manner we are fighting insecurity and
corruption,” he said.
The president said the ERGP focusses on agriculture with a view
to ensuring adequate food security as well as energy, industrialisation and
social investment.
He said the ERGP is an ambitious plan that seeks to achieve a 7
per cent economic growth by the year 2020. He said the aim is not just to
remove the country out of recession, but to put it on the path of strength and
growth, away from being an import dependent nation.
Source: Premium Times
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