As the development of the National development Plans(MTNDP 2021-2025, 2026-2030 and the perspective plan, Nigeria Agenda 2050 gathers steam with the involvement of all relevant stakeholders, the Minister of State, Budget and National Planning, Prince Clem Ikanade Agba, has briefed the Press in Abuja, on the Visions of the Plans and how far the Ministry has gone regarding the preparation of the new National Development Plans.
Speaking at the conference, organised as part of the Ministry’s strategies to share the Visions of the Plans with relevant Stakeholders and seek their collaboration and ultimate buy- in on the Plans, the Minister said “We have made some significant progress.”
According to Agba, on May 4, 2020, the Ministry inaugurated a key Technical Working Group(TWG), the “Macroeconomic framework and Growth Diagnostic” group to identify the policies and provide macroeconomic projections for the new Plans while taking into consideration the performance of the outgoing plans and sector policy documents in the past periods.
On the 11th of June, 2020, 25 TWGs were inaugurated to consider macroeconomic variables and human development indicators in relation to the 46 sectors of the Nigeria National Account Statistics.
Agba said that the Groups were charged to, among others, review existing plans, policies, programmes and projects in their thematic areas; conduct SWOT Analysis of their areas/ sectors; review assumptions, parameters and forecasts used in the previous sectoral plans and align them with current realities.
They were also expected to consult relevant Ministries, Departments and Agencies(MDAs) in their thematic areas for the relevant data; oversee public consultations where feasible and facilitate discussions to assess and review memoranda received from the public.
To this end, the Minister announced that after three months and two weeks of rigorous work, the Framework and Growth Diagnostics TWG had produced a Macroeconomic framework report which had been shared with the Central Working Group(CWG) and presented to the remaining 25 TWGs on August, 2020 to guide the on-going work of the thematic areas.
Agba added that the Macroeconomic framework report would also be shared with the Steering committee and Presidential Economic Advisory Council (PEAC) by the CWG in due course.
Most importantly, he stressed that Government was concerned with deepening participation of all stakeholders in the development of the Plans. In his words “we are indeed committed to producing truly national development Plans and not just Federal government Plans. For this reason, Six State Governors, one from each of the Six geopolitical zones and representatives of major political parties are involved at the Steering Committee level for the development of the Plans.”
He disclosed that consultations were on-going with the TWGs, key MDAs and other managers of key sectors of the economy. Agba assured that the Ministry would continue to solicit input memoranda from all Stakeholders for purposes of incorporation into the Plans.
More so, he maintained that the Plans would be sufficiently comprehensive with the capacity to accelerate the attainment of various regional global Agendas, including the AU Agenda 2063, ECOWAS integration Agenda and the Sustainable Development Goals 2030.
The successor plan 2021-2025 will come into effect by January 2021 when the NV20:2020 and ERGP is expected to end by December 2020.
The second MTNDP(2026-2030) will be due in February 2021 while Nigeria Agenda 2050 will be due in July 2021.
The Minister therefore solicited the support of the Media in sensitizing the public and propagating the development of the Plans at home as well the international community.
Speaking earlier, the Permanent Secretary, Budget and National Planning, Mrs. Olusola Idowu, said the Plans would also focus on creating jobs, deepening economic activities and providing enabling environment for the private sector to thrive.
In attendance at the briefing were, DGs of Agencies/Parastatals under the Ministry: the DG/NBS, DG/Budget Office, DG/NISER, the DG, Centre for Management Development, Coordinators of the 25 TWGs, State Commissioners of Planning and other Stakeholders, who joined, via zoom link.
The Minister of State, Budget and National Planning, Prince Clem Ikanade Agba, addressing the Press on Visions of the new National Development Plans, recently, in Abuja.
The Federal Ministry of Information and National Orientation serves as the Federal outfit responsible for the dissemination of essential and vital information which will enhance and facilitate democratic governance of Nigeria as a Federal Republic.
You can reach the ministry via our contact page – to drop us a message. Thanks