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Economic recovery plan will get Nigeria out of recession – Osinbajo

Nigeria’s Acting President, Prof. Yemi Osinbajo, on Thursday, told investors that the country will soon be out of recession with its Economic Recovery and Growth Plan (ERGP) policy.

Represented by Dr Okechukwu Enelamah, Nigeria’s Minister of Industry, Trade and Investment, Osibanjo said this at the Presidential Policy Dialogue Session, organised by Lagos Chamber of Commerce and Industry (LCCI) in Lagos.

According to Osinbajo, “In order to achieve this objective, we have clarified five areas of actions.

“This includes to stabilise macro-economic environment and achieve agriculture and food security.

“Ensure energy sufficiency in power and petroleum products, improve transportation infrastructure and drive industrialisation, especially by leveraging on Small and Medium Entrepreneurship (SME).

“Of course, we are setting up a Presidential Delivery Unit that will be tasked with integrating the economic recovery programme and ensure that the progress is measurable and the implementation is stead fast,” he said.

 

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Solomon Obende
Solomon Obende is a graduate of Public Administration from the prestigious Ambrose Alli University who is passionate about communications for development. He is proficient in crafting effective social media strategies. He listens to Jimmy Cliff's songs daily.

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