FG’s Economic Recovery Plan Will Be Ready In February – Udoma

The federal government has declared that its National Economic Recovery Growth Plan (NERGP) will be ready before the end of February.

According to a statement issued by Mr Akpandem James, media adviser to the minister of Budget and National Planning, Sen. Udoma Udo Udoma on Friday in Abuja, the plan is expected to be formally launched by President Mohammadu Buhari.

James disclosed that before the launch, the federal government plans to brainstorm with economic experts from the private sector adding that civil society groups, the academia and State governments will also be consulted as government, through the plan, is targeting a growth rate of seven per cent between 2017 and 2020.

“This is expected to enrich the Plan development process. The forum, scheduled for noon of Monday (today) February 6, 2017, is expected to be chaired by Vice President Yemi Osinbajo.

“The NERGP is a follow-up to the Strategic Implementation Plan (SIP) which was a short term economic plan to drive the implementation of the 2016 Budget.

“In the SIP, government promised that it would deliver a more comprehensive economic recovery and growth Plan subsequently,” the statement read in part.