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economic recovery and growth plan

Improving Healthcare, A Priority Of The Buhari Government – Udoma

The Minister of Budget and National Planning, Senator Udoma Udo Udoma has said improving healthcare is one of the priorities of the President Muhammadu Buhari government. Udoma stated this in Abuja on Tuesday while declaring open the Value for Money in Health Sector Workshop organised by the Collaborative African Budget Reform Initiative (CABRI). The honourable minister recalled that even with a reduction by 3.2% of the aggregate Federal Government expenditure, from N9.120trillion in the 2018 Budget to N8.83!-->!-->!-->!-->!-->…

We’ll Provide Internet For All 774 LGAs By 2023 – FG

The Federal Government on Thursday promised to make internet connectivity available in all of the 774 local government areas in Nigeria in the next four years. The Minister of Budget and National Planning, Uduma Udo Udoma, revealed this during the 42nd Annual Conference of Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) in Lagos State. According to Udoma, works are ongoing to increase broadband penetration in all geopolitical zones of the country. “Government has set up an Industrial Policy…

Over Reliance On Oil, Gas Exports Holding Nigeria’s Economy Hostage – Budget Minister

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, CON, has said that Nigeria’s over reliance on oil and gas exports has held the economy hostage. He made the statement while speaking at the 42 Annual Conference of the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) on Thursday. Speaking on the theme: ‘Exploring the diversification agenda towards the emergence of a resilient economy,’ Udoma said “It is most embarrassing for us in Nigeria that over 40 years later we are still…

2018 Economic Summit To Focus On Governance, Human Development – Udoma

This year’s edition of the Nigerian Economic Summit (NES 24), will focus on good governance as a path to sustainable human and economic development, the Minister of Budget and National Planning, Senator Udoma Udo Udoma says. Briefing media professionals in Abuja on Tuesday, Udoma said the aim of the summit is to work towards achieving the goals of the Economic Recovery and Growth Plan (ERGP). The minister pointed out that even as the ERGP is a carefully articulated medium-term plan specifically tailored to restore the…

Again, Bill Gates Knocks Buhari Over Poor Economic Policy

Barely a week after dressing down President Muhammadu Buhari’s economic policy, Bill Gates has taken to CNN to ridicule the present government’s Economic Recovery and Growth Plan (ERGP). Mr Gates, who is Microsoft founder and Co-Chair of the Bill and Melinda Gates Foundation, told CNN that the Buhari administration’s investment in health and education is “not good enough”. “As a partner in Nigeria, I am saying the current plan is inadequate. Nigeria has all these young people and the current quality and quantity of…

PHOTOS: Buhari Launches ERGP Focus Lab

President Muhammadu Buhari on Tuesday formally launched the Economic Recovery and Growth Plan (ERGP) Focus Lab, at the at the Banquet Hall of the State House in Abuja. Vice President Yemi Osinbajo, Governor of Jigawa State Abubakar Badaru, some ministers and Governor of the Central Bank of Nigeria, Godwin Emefiele, were in attendance. The ERGP is designed to achieve three broad objectives; to restore growth to a positive path and sustain it to, at least, 7% by 2020, and invest in the Nigerian people and improve their…

Oil Output In 2018 Budget ‘Unrealistic’ – Expert

A financial expert, Dr Uche Uwaleke says the Federal Government Gross Domestic Product (GDP) figure of 3.5 per cent and oil output benchmark of 2.3 million barrels per day in the 2018 budget is unrealistic. Uwaleke, the Head of Banking and Finance Department, Nasarawa State University Keffi, said this in an interview with the News Agency of Nigeria (NAN) in Lagos on Thursday. He said that the proposed GDP growth figure and oil output benchmark appeared ambitious going by the present realities. Uwaleke said that oil…
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