The federal government has launched the National Development Plan (NDP) 2021-2025.
Presenting the plan to President Muhammadu Buhari, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said the NDP 2021-2025 is a successor plan to both Economic Recovery and Growth Plan (ERGP 2017-2020) and the Vision 20:2020.
According to her, the plan will focus investment on massive infrastructure, ensure economic stability, enhance the investment environment, improve on social indicators and living conditions of Nigerians, among other targets.
She further revealed that the plan is a pointer to the type of Nigeria that all Nigerians desire, adding that it will encourage the use of science, technology and innovation to drive the growth being targeted.
She said, “In order to have the future we all desire, the Plan is developed to play a sizable role in the product complexity space internationally and adopts measures to ease constraints that have hindered the economy from attaining its potentials, particularly on the product mapping space.
“The plan provides for the implementation of major infrastructure and other development projects across the six geopolitical zones and opening up of opportunities for the rural areas to ensure balanced development and increased competitiveness.
“The plan builds on the foundation developed in the Vision 20:2020 and the Economic Recovery and Growth Plan (ERGP). Lessons from these previous plans guided the development of the NDP 2021-2025