Finance: FG Plans
Finance: FG Plans 85% Revenue Rise
The Minister of Finance, Budget and National Planning, Mrs.
Zainab Shamsuna Ahmed has expressed Government’s readiness to move
the nation’s revenue performance significantly from the 55 percent
achieved in 2018 to about 85 percent in the next four years.
The Minister made this declaration at her maiden meeting with
the Honourable Minister of State Budget and National Planning,
Directors General of Parastatals, and management Staff of the
Ministry in Abuja.
Mrs. Ahmed stated that the Economic Recovery Growth Plan (ERGP)
developed by the Ministry, ushered the Country out of recession and
launched the country on the path of economic recovery.
She praised the implementation of the ERGP, describing it as
“exemplary” and an amalgamation of the Vision 2020, Sustainable
Development Goals (SDGs) and sector plans.
According to Mrs. Zainab Ahmed, “we have to start a new long
term plan as both the ERGP and Vision 2020 would soon end in the
year 2020. The Medium Term Expenditure Framework (MTEF) is expected
to be forwarded to the National Assembly in the next two weeks and
the Budget by the end of September”.
Speaking earlier, The Honourable Minister of State, Prince Clem
Agba reiterated the need for team work and pledged the commitment
and support of the staff in delivering the mandate of the
Ministry.
He underscored the need to strengthen Monitoring and Evaluation,
stating that the Ministry would soon commence thes process of
developing a long term strategic plan for the country.
In his opening remarks, the Permanent Secretary of the Ministry,
Mr Ernest Umakhihe lauded the immeasurable contributions of the
Minister of MFBNP on the success of the ERGP and commended Mr.
President for merging the two Ministries, describing it as a
welcome development.
Victoria Agab-Attah
Director Information