Agenda 2050 plan will reduce poverty -Ex-minister

The immediate Minister of State for Budget and National Planning, Prince Clem Agba, has said that ‘Nigeria agenda 2050- a perspective plan’ has identified the country’s target in 30 years’ time and how to achieve them.

He said the plan was designed to transform the country into an upper-middle income country, with a significant improvement in per capita income.

Agba spoke on Thursday in Osogbo while delivering a paper entitled, “Strategic thinking for progressive governance in the 21st century’, at the 22nd meeting of the National Council on Development Planning.

At the meeting, he commended President Bola Tinubu for setting up a committee to reform the nation’s tax system.

He said the perspective plan (Nigeria Agenda 2050), aimed to fully engage all resources, reduce poverty, and achieve social and economic stability.

According to him, “It also targets developing a mechanism for achieving sustainable environment consistent with global concerns about climate change; the plan therefore presents the road map for accelerated, sustained and broad-based growth as well as provides broad frameworks for reducing unemployment, poverty, inequality, and human deprivation.”

Agba, who supervised the development of the National Development Plan 2021-2025 and Nigeria Agenda 2050 as minister of state for budget and national planning, said that the path to that goal would pass through six Medium Term National Development Plans, namely NDP (2021-2025) (already developed and published) and subsequent national development plans covering (2026-2030), (2031-2035), (2036-2040), (2041-2045), and (2046-2050).

He said, “The first of the medium-term plans, named NDP 2021-2025, is to make Nigeria a country that has unlocked its potential in all sectors of the economy for a sustainable, holistic, and inclusive development.

“Specifically, the plan aims to generate 21 million full-time jobs and lift 35 million people out of poverty by 2025; thus, setting the stage for achieving the government’s commitment of lifting 100 million Nigerians out of poverty in 10 years.”

Back to top button