[Abuja]–The Federal Government has published the much anticipated Economic Recovery and Growth Plan (ERGP) for the year 2017 to 2020.
The document obtained and read by THE PAGE was uploaded online via the National Planning and Budget Office websites few hours ago.
The 140-page document states that it is different from earlier national plans in many ways as its focused implementation is at the core of the delivery strategy over the next four years and that more than ever before, and that there is a strong political determination at the highest level to see to its realisation.
“The vision of the ERGP is one of sustained inclusive growth. There is an urgent need as a nation to drive a structural economic transformation with an emphasis on improving both public and private sector efficiency .
This is aimed at increasing national productivity and achieving sustainable diversification of production, to significantly grow the economy and achieve maximum welfare for the citizens, beginning with food and energy security.
This Plan is a pointer to the type of Nigeria that the people desire in the short to medium – term , and encourages the use of science, technology and innovation to drive growth.”
In the area of education, the plan seeks to ensure quality universal education for Nigeria ’s children and youth, increase the number of youth and adults with the skills required to secure employment and/or become entrepreneurs and prioritize education for girls.
In the area of job creation and youth empowerment, the plan seeks to reduce unemployment from 13.9 per cent to 11.23 per cent by 2020 by creating over 15 million direct jobs between 2017 and 2020 or an average of about 4 million jobs per year; Support the private sector to maximize its job creation potential and complement Government direct job creation; and Improve workforce employability through targeted skill – building programmes.
The document also listed other six priority sectors which include agriculture, manufacturing, solid minerals, services (ICT, Telecommunication and creative industry), construction and real estate, and oil and gas.Please Follow Us @ThePageNg