The federal government has unveiled the 2021-2025 National Development Plan.
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, presented the Plan to the President, Major General Muhammadu Buhari (retd.), during a brief ceremony ahead of the week’s virtual Federal Executive Council meeting.
She stated that the NDP 2021-2025 is a successor plan to both the Economic Recovery and Growth Plan (ERGP 2017-2020) and the Vision 20:2020.
According to the Minister, the Plan will prioritize major infrastructure investment, promote economic stability, improve the investment climate, and improve social indices and living conditions for Nigerians, among other goals.
Ahmed went on to say that the plan represents the type of Nigeria that all Nigerians want, and that it will stimulate the use of science, technology, and innovation to achieve the progress that is desired.
“In order to achieve the future we all desire, the Plan is designed to play a significant role in the product complexity space on a global scale, as well as to implement measures to alleviate constraints that have prevented the economy from reaching its full potential, particularly in the product mapping space.”
“The plan calls for the implementation of significant infrastructure and other development projects across the six geopolitical zones, as well as the creation of opportunities for rural areas, in order to achieve balanced development and greater competitiveness.”