FG Advises States to Develop their Own Economic Recovery Plans


By Laleye Dipo in Minna

The federal government has advised the 36 state governments of the federation to develop their own economic recovery plans or fine-tune the economic growth plan recently adopted by the federal government to suit their needs in order to achieve a countrywide economic recovery.

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, who stated this at the opening of the 2017 (16th) National Council on Development Planning meetings in Minna, Niger State on Thursday said it was by so doing that the recovery of the economy would be further accelerated.

Udoma said it was important for state governments to develop their own economic recovery plans because “you are operating at a level of governance that is closer to the people”.

He said: “I am confident that if we remain positive, determined and focussed, our country can achieve the lofty goals and greater heights that we have set for ourselves in the ERGP.”

The minister said on the part of the federal government, it was making conscious efforts to ensure that all “our annual budgets are aligned with the ERGP so that government spending is driven by the plan”.

“We are keeping to the commitment to allocate not less than 30 per cent of the budgets to capital expenditure particularly on life changing infrastructural projects,” he said.

Details later…