Fidelity bank banner Bayelsa State banner
Youths to drive economic recovery: FG

By News Express on 06/03/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 948

•Senator Udo Udoma.
•Senator Udo Udoma.

The Nigerian Economic Recovery and Growth Plan (ERGP) will be driven by Science, Technology and Innovation, with the youths being targeted to deliver the plan successfully, the Minister of Budget and National Planning Minister, Senator Udoma Udo Udoma, has disclosed. 

Senator Udoma, while receiving the Country Representative of UNICEF, Mr. Mohammed Malick Fall, in Abuja at the weekend, said government is working strategically to address the economic challenges of the country with appropriate attention focused on young people, who are the source of the country’s economic strength.

He said the ERGP, the country’s medium term plan, is tailored in such a way that it will be driven largely by ideas and innovation, areas where the young people have comparative advantage, particularly in high-tech perspectives that will urgently transform the economy.

The Minister told the UNICEF delegation that the Federal Government was ever ready to collaborate and partner with development agencies that are in the country to assist in beneficial development programmes.

Even as he stressed the importance of financial assistance, the Minister noted that as important as funding is in executing programmes, it is not sufficient without ideas and technical assistance to guide spending. Funding, technical support and good policies are the ingredients required for successful accomplishment of projects, he added.

While acknowledging UNICEF’s assistance efforts, particularly in the areas of Health, Water, Sanitation and Youth Development, Senator Udoma encouraged the organization to always collaborate with his Ministry in its project plans to avoid overlaps with the efforts of other multilateral agencies and donor partners; and duplication of provisions in the country’s development plans. 

He said the ERGP which has been concluded is expected to deliver on five key broad outcomes, namely: a stable macroeconomic environment, agricultural transformation and food security, sufficiency in energy (power and petroleum products), improved transportation infrastructure and industrialisation focusing on small and medium scale enterprises.

The Plan envisages that by 2020, Nigeria would have made significant progress towards achieving structural economic change with a more diversified and inclusive economy. This, he added, will heavily depend on young people who apart from their bubbling energy and fresh ideas are also more technology savvy.

UNICEF Country Representative, Mr. Fall, said the organisation will continue to engage with government on technical issues and as well as make available experiences from different parts of the world towards tackling challenges that fall within its assistance mandate areas.

He pointed out that policy dialogue, best practices, and experiences from other parts of the world have a better chance of solving challenges than the level of donor funding.

The Representative said UNICEF is more particular about water and sanitation challenges in its current approach to dealing with health matters because no matter the amount of focus on Health, if these two areas are not properly addressed, all the efforts would be worthless

He agreed to collaborate with the Ministry to ensure that there is an alignment of efforts in executing the agencies programmes for the benefit of the people.

Source News Express

Posted 06/03/2017 11:10:57 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Niger Delta youths blame leaders for problems

Angry youths attack Emir’s convoy in Southern Kaduna...

Sen. Andy Ubah beats Ernest Ndukwe at election...

A Personal Toast to Oba Akiolu at 70,...

Property destroyed, 2 injured in war between Obiano’s...

Dickson congratulates FCMB founder Subomi Balogun for clocking...

IMF boss begins 4-day visit to Nigeria; to...

Wike dissolves Rivers’ 22 LG Caretaker Committees

Saraki administers oath of office on new Taraba...

Boko Haram kills 37 near Maiduguri

100 foreign investors eye business opportunities in Nigeria...

Peterside condemns Amachree’s murder, describes Rivers State as...

 

Latest News Breaking: Buhari signs 2018 budget Boko Haram still runs camps around Maiduguri: Security Sources APC convention faces crisis over ‘Unity List’ FG to disburse $322m Abacha loot to Nigerians NDDC resumes foreign scholarship scheme N138bn NHIS funds trapped in 17 banks We will stop ISIS from using Nigeria as training ground- FG Bayelsa indigenes flee homes over fear of military invasion Anambra Special Anti-Cultism Squad nabs armed robbers FG okays 94 cattle ranches in 10 states Nigeria to host 28 African countries to tackle insecurity Generator fumes kill mother and 5 children; father in coma

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (352,106 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (351,389 views) Shameless Genevieve Nnaji exposes breasts in public (280,038 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (229,945 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (208,972 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (208,587 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (181,698 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (163,771 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (153,849 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (148,489 views) Lagos plane crash: Journalist releases victims’ names (143,753 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (135,601 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (50) Business & Economy (3,256) Business Verdict (44) Columnists (868) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (505) Features (607) Global Business Monitor (283) International (2,040) Interview (154) Live Commentary (28) Love Matters (123) News (36,338) Opinion (1,003) Pidgin (10) Politics (5,284) Religion (770) Sports (1,551) Stock Watch (30) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Portugal v Spain 2018

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement