Buhari to unveil new economic plan in December - Minister

The Minister of State for Budget and National Planning, Clem Agba, said this during a press conference on Thursday.

He announced that a new economic plan to guide the country’s development in the next four years would be unveiled in December 2020.

He said the President, Major General Muhammadu Buhari (retd.), would “unveil the new economic blueprint, as the Economic Recovery and Growth Plan winds down this year”.

The ERGP is the Federal Government’s economic plan from 2017 to 2020.

The minister explained that “the new plan will consist of two Medium-Term National Development Plans, as it will serve the country for the period of 2021 to 2025 and 2026 to 2030”.

According to Agba, the new plan will also guide the government and its agencies in the preparation of the 2021 national budget.

He said the major political parties, the National Assembly, youth and women organisations, sub-nationals, among others, would participate in putting together the plan.