TheCable

Atedo Peterside, the founder of Anap Foundation, has been appointed to co-chair the steering committee for the development of a medium-term national development plan, alongside Zainab Ahmed, the minister for finance, budget and national planning.

The economic and recovery growth plan which was created in 2015 expires in 2020.

Clem Agba, the minister of state for budget and national planning, disclosed the appointment during the inauguration of a joint planning committee for the 26th Nigerian Economic Summit (NES26).

Agba said the mandate of the committee (JPC) is to mobilize key private and public sector individuals for the Nigerian Economic Summit and work under the coordination of the NESG and the ministry of finance, budget and national planning.

According to the minister, some milestones have been reached since the 25th Nigerian Economic Summit including a partnership between the finance ministry and the NESG to release a report on the effects of the COVID-19 pandemic on the Nigerian economy.

He also said the finance ministry is looking into the mobilization of external support by connecting with donors and multilateral agencies and activating steps to increase non-oil revenue generation.

Agba said that the NES26 will agree on a compact plan with clear actions that commit stakeholders to collaborate and build resilience for the economy by ensuring that sustainable development goals are met by 2030.

In his remarks, Asue Ighodalo, chairman of the NESG, said the NES is the foremost platform through which the federal and state governments engage with corporate leaders and discuss Nigeria’s national and sub-national economic realities to co-create reform strategies that are critical for the advancement and reform of the economy.

The conference is themed ‘Building partnerships for resilience’ and is scheduled to hold on October 26 to 27.