President Muhammadu Buhari (Middle) in a Meeting in the Presidential Villa, Abuja, FCT

Buhari inducts Steering Committee to lift 100m Nigerians out of poverty

*Committee jointly chaired by Atedo Peterside and Zainab Ahmed, Minister for Finance, Budget and National Planning

*Main objective of Successor Plans is to lift 100 million Nigerians out of poverty in next 10 years, says Presidency

Isola Moses | ConsumerConnect

In order to enhance overall national development towards enhancing the standard of living and life expectancy of the average Nigerian, President Muhammadu Buhari has inaugurated the National Steering Committee to lift 100 million citizens out of poverty in the next 10 years.

President Buhari inaugurated the National Steering Committee to oversee Nigeria’s Agenda 2050 Wednesday, September 9, 2020, in Abuja, FCT.

According to the Presidency, the Committee is to ensure that the Medium-Term National Development Plan (MTNDP) succeeds the Vision 20:2020 and the Economic Recovery and Growth Plan (ERGP) 2017─2020.

It was gathered that the team would be jointly chaired by Mr. Atedo Peterside and Mrs. Zainab Ahmed, Honourable Minister for Finance, Budget and National Planning.

Part of the task before the group, according to the President, is to lift 100 million Nigerians out of poverty within the next 10 years.

Buhari said: “The main objectives of these Successor Plans are to lift 100 million Nigerians out of poverty within the next 10 years, particularly given the World Bank’s projection that Nigeria will become the world’s third most populous country by 2050 with over 400 million people.”

According to him, it has become necessary to develop successor plans to the Nigeria Vision 20:2020 and the ERGP, which will lapse in December 2020 so as to ensure continuity and efficiency in the country’s development planning.

He said the Steering Committee would oversee governance structure comprising the Central Working Group and 26 Technical Working Groups for the important national assignment.

The President said: “It is my expectation that the Steering Committee will oversee the execution of key deliverables, including recommending measures to ensure the continuous implementation of the Plans even after the expiration of the tenure of successive Administrations – including legislation, if required.

“Such legislation may introduce much-needed rigour and discipline to the nation’s development planning as well as institutionalise planned outcomes for the future. I trust that our partners in the National Assembly will support us in exploring these reforms,” he said.

Buhari said the Successor Plans must, therefore, be designed to sustain national development, support regional and global strategic interests, as outlined in the African Union Agenda 2063, the ECOWAS Integration Agenda 2050 and the Sustainable Development Goals 2030.

He urged members of the Committee to not lose sight of Nigeria’s role in the global affairs.

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