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President Buhari Launches 2050 Nigeria Agenda Development Plan

President Muhammadu Buhari (GCFR) at the State House, Abuja launched the 2050 Nigeria Agenda Development Plan.

The plan is designed to position Nigeria among the top middle-income economies in the world by 2050.

According to the President the plan has the vision of a dynamic, knowledge-based and industrialized economy that generates inclusive and sustainable development for the country.

He added that measures are in place for continuous plan implementation, noting that successive administrations will find the document useful in the delivery of electoral promises.

The Minister of Finance, Budget and National Planning Mrs. Zainab Ahmed in her remarks said with the expected improved capital accumulation, investment as a ratio of GDP is expected to increase from the current 29.40% to 40.11% by 2050.

She explained that under the plan, bulk of the investment is expected to rise to 203.41m in 2050 from 46.49m in 2020.

The Nigeria Agenda 2050 plan is aimed at ensuring that the country attains a per capital GDP of $33,328 per annum by the year 2050.

The event had in attendance the Vice President Prof. Yemi Osinbajo (GCON) the Secretary to the Government of the Federation Mr. Boss Mustapha, Mrs. Zainab Ahmed Minister of Finance, Budget and National Planning, Minister of State,  Prince Clement Agba and the Chief Economic Adviser to the President Dr. Doyin Salami amongst other dignitaries.

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