Minister of Budget and National Planning, Senator Udo Udoma, has revealed that the government would soon unveil its economic blueprint for the country.
Following two days of brainstorming in Abuja, organized by Udoma’s ministry, with various teams drawn from the public and private sector, Udoma revealed that the president’s economic vision and Strategic Implementation Plan, drawn up by his ministry, along with vibrant ideas canvassed and analysed at the retreat, would be harmonised and launched at the federal government’s comprehensive economic […]
Budget and National planning minister Udoma Udo Udoma yesterday said that it was untrue that the President Mohammed Buhari administration lacked an economic blueprint or agenda.
Udoma said that the 2016 budget was designed from the strategic implementation Plan (SIP) and medium – term National Development plan, stressing that the current administration has four key policy priorities and six strategic interventions.
The priorities are critical infrastructure, embracing the private sector participation, social protection and job creation, and improving security and tackling corruption.
Former governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, has expressed support for President Muhammadu Buhari’s emergency economic bill aimed at reviving the economy.
In a mini-blueprint for the All Progressives Congress (APC), Soludo also proposed a public spending of 15 percent to 20 percent (N14 trillion to N19 trillion) of the nation’s gross domestic product (GDP) to steer Nigeria out of recession to the next level.
He said the document, acquired by TheCable, is not a “blueprint” in […]