In a significant step towards addressing Nigeria’s economic challenges, the Federal Government has unveiled plans aimed at revitalizing key sectors of the economy
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun disclosed this today in his office in Abuja when he led the first inaugural meeting of the Accelerated Stabilization and Advancement Plan (ASAP) Implementation Committee.
This marks a significant milestone in Nigeria’s renewed commitment to addressing critical economic challenges and fostering sustainable development across key sectors.
The landmark initiative Edun noted, is a key component of President Bola Tinubu’s reform agenda, which aims to drive sustainable development across eight priority sectors of the economy, including Agriculture, Energy, and Health
In his opening remarks, the Minister highlighted the collaborative nature of the project, informing the committee that they would work closely with technical experts from various government agencies to establish clear milestones and ensure the effective execution of the Plan.
Edun reiterated the government’s dedication to addressing key issues such as agricultural productivity and announced a coordinated dry season farming initiative.
The Federal Ministry of Finance, the Central Bank of Nigeria (CBN), the Federal Ministry of Agriculture and Food Security (FMAFS), as well as the African Development Bank (AfDB), are collaborating to ensure the timely delivery of fertilizers and other critical inputs to farmers.
The ASAP Implementation Committee will focus on driving progress in each of the identified priority areas, ensuring that the Plan’s objectives are met with precision and accountability.
The meeting brought together key government officials, including the Minister of Agriculture & Food Security, Abubakar Kyari; the Minister of Budget and Economic Planning, Abubakar Atiku Bagudu.
Others are the Coordinating Minister of Health and Social Welfare, Muhammad Ali Pate; the Minister of Power, Adebayo Adelabu; the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo; and the Director-General, Budget Office of the Federation, Tanimu Yakubu, among others.
As the ASAP Implementation Committee moves forward, it will focus on driving progress in each of the identified priority areas, ensuring that the Plan’s objectives are met with precision and accountability.
With the ASAP Implementation Committee underway, Nigeria is poised to witness a transformative era of economic growth and development.
Under the Chairmanship of Edun, the committee will work tirelessly to ensure the effective execution of the Plan, addressing critical issues and fostering collaboration among government agencies and stakeholders.
As the committee drives progress in each priority area, Nigeria can expect a brighter economic future, marked by precision, accountability, and sustainable development. (SUN)
