Buhari to launch Economic Recovery Plan today

Ahead of the planned programme to strengthen the Nigerian economy, President Muhammadu Buhari will today (Wednesday) formally launch the Economic Recovery and Growth Plan (ERGP) 2017-2020.

The programme is in furtherance of the current Administration’s drive to sustain and build on the successes so far recorded in tackling corruption, improving security and revamping the economy.

A statement by the Special Adviser to the President on Media and Publicity, Femi Adesina, said the ceremony will take place in the Council Chambers of the Presidential Villa, Abuja, at 11 am.

The Medium-Term ERGP, which had earlier been approved by the Federal Executive Council (FEC), has amongst its broad strategic objectives: restoring 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.