Nigeria’s development plans must be dynamic – Osinbajo

MARCH 27, 2021

From Bolaji Ogundele, Abuja

 

The Vice President, Professor Yemi Osinbajo (SAN), has emphasised the need for Nigeria to evolve a national development plan that is strong enough to absorb shocks and adapt to swiftly changing national and international conditions.

Prof. Osinbajo stated this yesterday in a keynote address delivered virtually at the 19th meeting of the National Council on Development Planning, themed “National Development Planning in Nigeria: Issues and Challenges”.

The Vice President said such a plan is necessary in order to bring about a society and economy that works for all, especially the poor and vulnerable, adding that such a plan, among other things, must promote economic diversification, be modern, ambitious, realistic and flexible.

According to a statement issued by Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Mr. Laolu Akande, Professor Osinbajo said “it is generally agreed that the primary purpose of planning in our economy is to accelerate growth and development outcomes that will improve the lives of Nigerians.

“To be meaningful, our planning processes must lead to tangible outcomes in the form of growth that exceeds population growth.  Indeed, our plans must bring about an economy and society that works for all Nigerians.”

Participants at the meeting include the Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed; the Minister of the FCT, Alhaji Mohammed Bello; the Minister of State, Budget and National Planning, Mr. Clem Agba; Commissioners for Budget and Economic Planning from the 36 States, among others.

SOURCE: THE NATION

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