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Buhari to inaugurate economic recovery plan on Wednesday

President Muhammadu Buhari will inaugurate the Economic Recovery and Growth Plan (ERGP) 2017-2020 on Wednesday.

Femi Adesina, presidential spokesman, disclosed this in a statement issued on Tuesday.

Adesina said the formal inauguration of the plan will take place in the council chambers of the presidential villa, Abuja, at 11 am.

According to him, the inauguration of the plan was in furtherance of the current administration’s drive to sustain and build on the successes so far recorded in tackling corruption, improving security and re-revamping the economy.

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The medium-term ERGP was approved by the federal executive council (FEC) during one of its meetings in 2017.

ERGP has among its broad strategic objectives, to restore sustainable, accelerated inclusive growth and development; invest in the people and build a globally competitive economy.

The plan was specifically designed to take the country out of recession and in the long term, continue to grow the economy, while planning of the 2017 was also based on the ERGP to accelerate speedy recovery and development of infrastructure.

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