President Muhammadu Buhari will
be inaugurating the Economic Recovery and Growth Plan (ERGP) 2017-2020 on
Wednesday, April 5, 2017. This was made known by Mr. Femi Adesina, who is the Special
Adviser on Media and Publicity to the president.
He said the inauguration of
the plan was in continuation of the current administration’s drive to sustain
and build on the successes so far recorded in tackling corruption, improving
security and re-revamping the economy.
The
News Agency of Nigeria (NAN) quoted him as saying that the formal
inauguration of the plan will take place in the council chambers of the
presidential villa, Abuja, at 11 a.m.
The Medium-Term ERGP was approved by the Federal Executive
Council (FEC) during one of its meetings in 2017. The launching “is to sustain
and build on the successes so far recorded in tackling corruption, improving
security’’.
Mr Adeshina said “ERGP is to restore sustainable,
accelerated inclusive growth and development; investing in the people; and
building a globally competitive economy,’’.
The plan was specifically designed to take the country out
of the recession and in the long term, continue to grow the economy while
planning of the 2017 was also based on the ERGP to accelerate speedy recovery
and development of infrastructure.
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