• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Government Federal Government Committed To Building Sustainable Economy – Clem Agba
  • Government

Federal Government Committed To Building Sustainable Economy – Clem Agba

By
Victoria Agba-attah
-
October 15, 2019

The Minister of State, Budget and National Planning, Prince Clem Ikanade Agba has expressed Government’s commitment to building a strong, stable and sustainable economy, predicated on sound economic policies needed to move the nation to the next level.

Prince Clem made this commitment recently, at the meeting of the National Council on Development Planning (NCDP) held in Asaba, Delta State.

He stated that the nation, having been faced with various economic crisis including drop in oil revenues, had to, among other efforts and interventions  take immediate steps to stop the economic drift and reverse the impending collapse of the financial system. “One of such significant efforts was putting in place a comprehensive Medium Term Plan – the ERGP whereby a cutting-edge measure aimed at rescuing and repositioning the nation’s economy was adopted”, continued the Minister.

Prince Clem further noted that the nation’s economy at the end of the first four years of President Buhari’s administration had been largely stable with macro-economic indices growth increase from 0.82% in 2018 and 3.01% expected at the end of 2019.

The Minister however, underscored the need to accomplish price stability, economic freedom, economic security, economic efficiency as well as full employment for its citizens, if Nigeria is to maintain a strong and sustainable economy.

He reiterated Government’s desire to reduce social and economic inequality through targeted social investment programmes, health education, technology and improved information system; urging the various States to take steps to domesticate integrated Sustainable Development Goals (iSDGs) in their respective jurisdictions.

Read Also:

  • NITDA Boss Pushes for Nigerian Rules on TikTok to Protect Local Culture
  • Tinubu Holds First Meeting with New Service Chiefs in Aso Rock 
  • NAF, S’Africa Deepen Air Force Collaboration to Enhance Regional Security

The 18th edition of the JPB/NCDP which had its theme “States’ Fiscal Sustainability and Economic Diversification in Nigeria” provided a platform to brainstorm on different issues pertaining to the economy; is expected to contribute to the process of evolving a Successor Plan to the ERGP, through an inclusive and well-articulated National Development Plan 2021 – 2025.

The outcome of the meeting is equally expected to consolidate on the significant gains of the Economic Recovery and Growth Plan (ERGP) 2017 – 2020.

Earlier in his welcome remarks, the Governor of Delta State, Senator Arthur Ifeanyi Okowa emphasized the need for fiscal discipline as bedrock for achieving fiscal sustainability. He added that although the Federal Government has set up a regulatory and monitoring mechanism to drive development in states, but  he insisted that any financial request for support from any state should be conditional and under certain established parameters.

He urged that annual budgets of States must be derived from its Fiscal Strategy paper which is in line with the Fiscal responsibility law. Governor Okowa further posited that all Ministries, Departments and Agencies (MDAs) must align their projects and programmes with the available resources to eliminate deficit.

The Meeting has in attendance the Vice President of the Federal republic of Nigeria, Prof Yemi Osinbajo, who declared it open, representative of the Hon. Minister of Finance, Budget and National Planning, Dr. Mohammed K Dikwa and  other distinguished dignitaries. 

Victoria Agba-Attah

Director Press MBNP

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Clem Agba
  • economy
  • MFBNP
  • Victoria Agba-Attah
Previous articleKatsina State Responds Positively to Sanitation –Water Resources Minister
Next articleAir Chiefs of Pakistan, Nigeria Meet on Defence Cooperation
Victoria Agba-attah
Victoria Agba-attah
Facebook Instagram Linkedin Twitter

RELATED ARTICLESMORE FROM AUTHOR

DG NITDA Mallam Inuwa Kashifu at the event

NITDA Boss Pushes for Nigerian Rules on TikTok to Protect Local Culture

NAF, S’Africa Deepen Air Force Collaboration to Enhance Regional Security

Barau Jibrin and the Search for a Constitution That Works By Ozumi Abdul

Professor Ali Isa Pantami

At UK Conference: Prof Pantami Urges Islamic Banks to Lead Global Digital Economy with Ethical Finance

FG Sends Delegation to Essa, Orders Urgent Repair on Lambata–Bida Road

African Ambassador Demands Urgent Industrialization to End Poverty

NUC Approves 13 New Degree Programmes for Nigerian Universities

Farmers

Beyond the Rain: Nigerian Farmers Reimagine Survival in a Climate of Change” By Shakirudeen Abdulazeez

President Bola Ahmed Tinubu

Nigeria’s Painful Path from Policy to Prosperity By Shukurat T. Ibrahim

Communication is National Security, Not Just Media Work – NIPR President

Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

FG Moves to Strengthen Nigeria’s Global Voice, Counter Negative Campaigns

Anambra Guber Poll: INEC Deploys AI Virtual Assistant to Train Staff

Recent Posts

  • NITDA Boss Pushes for Nigerian Rules on TikTok to Protect Local Culture
  • Tinubu Holds First Meeting with New Service Chiefs in Aso Rock 
  • NAF, S’Africa Deepen Air Force Collaboration to Enhance Regional Security
  • How Troops Eliminated 80 Bandits Along Kebbi–Zamfara Border – Kebbi Gov’t
  • Nnamdi Kanu Withdraws Defence Plan, Files No-Case Submission in Terrorism Trial
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
NITDA Boss Pushes for Nigerian Rules on TikTok to Protect Local CultureTinubu Holds First Meeting with New Service Chiefs in Aso Rock NAF, S'Africa Deepen Air Force Collaboration to Enhance Regional SecurityHow Troops Eliminated 80 Bandits Along Kebbi–Zamfara Border - Kebbi Gov'tNnamdi Kanu Withdraws Defence Plan, Files No-Case Submission in Terrorism TrialBarau Jibrin and the Search for a Constitution That Works By Ozumi AbdulNDA Alerts Residents Ahead of Cadets’ Shooting Exercise in KadunaArmy Eliminates Four ISWAP Logistics Suppliers in KondugaPTML Customs Records 34.3% Revenue Growth in Q3 2025, Intensifies Anti-Smuggling DriveLagos Police Heighten Security on Third Mainland Bridge After Disruption ThreatsAt UK Conference: Prof Pantami Urges Islamic Banks to Lead Global Digital Economy with Ethical FinanceTroops Neutralise 10 Terrorists, Recover Weapons in BornoFG Sends Delegation to Essa, Orders Urgent Repair on Lambata–Bida RoadAfter Katarko Clash, Troops Neutralize 10 Terrorists in Gamboru–Dikwa OperationAfrican Ambassador Demands Urgent Industrialization to End Poverty
X whatsapp