The Plan for lifting 100 million Nigerians out of poverty to begin in October – Minister says

Minister of State, Budget and National Planning, Clem Agba, has said that the Federal Government’s new Medium-Term National Development Plan, MTNDP, 2021-2025 is expected to be launched in October with an i-monitoring system which would also be introduced in government’s websites.

Mr Agba made this known on Monday during the opening of a capacity building workshop for Special Advisers and Technical Assistants of Ministers organised by Konard Adeneaur Stiftung, KAS, a German Foundation.

“As you may be aware, the Economic Recovery and Growth Plan (ERGP 2017-2020) and Nigeria Vision 20: 2020 (NV20:2020) lapsed in December 2020, necessitating the need to develop successor Plans.

“Namely, the Medium-Term National Development Plan (MTNDP) 2021-2025 and Nigeria Agenda 2050, to replace the outgone plans respectively.

“There is the widely held notion that previous plans were Federal Plans. To eliminate this notion, the process for the on-going plans has been inclusive and participatory, involving not only state actors.

“But the Organized Private Sector, Civil Society Organizations, Women and Youth groups, including People with Special Needs.

“The Plans are anchored on the Government’s desire to address the prevalence of poverty by lifting 100 million Nigerians out of poverty in 10 years,” he said.

Mr Agba said further that the exercise would also put in place strategies to tackle Nigeria’s increasing population growth.

“The country will hit the 411 million mark and become the third most populous country in the world by 2050, after China and India.

“These plans will ensure economic stability, national development and good governance.” Mr Agba said.