The Nigeria’s President Muhammadu Buhari has launched Agenda 2050 for his country — which is a plan toward increase in Gross Domestic Product (GDP) by seven per cent.
The Nigerian leader unveiled the agenda before the meeting of the Federal Executive Council (FEC) which took place in the presidential villa, Abuja on Wednesday May 3rd.
The Informant247 recalls that the FEC on March 15 approved the policy document.
The National Economic Council had before that time given its approval and endorsement to the agenda.
The outgoing president said the agenda would create meaningful employment and banish poverty, affirming that 165 million new jobs would be created by the initiative.
He said the agenda for 2050 would diminish poverty to 2.1 million from the 2020’s estimate of 83 million.
The president who’s expected to hand over power to the president elect Senator Bola Tinubu on May 29 said, “This vision is a product of a dynamic knowledge-based economy to provide sustainable development by 2050.
“The goal is to increase per capita income of Nigeria to $33,328 per annum to be placed amongst the world’s top economies by 2050.
“I hope this document will prove useful for subsequent administrations.”
The FEC observed a minute silence in honour of the former minister of labour and productivity and former minister of solid minerals development; Musa Gwadabe who died on Wednesday April 26 at the age of 86.
The meeting had in attendance Vice President Professor Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha.
Also at the meeting were the Head of Civil Service, Dr. Folashade Yemi Esan and the Chief of Staff to the president, Professor Ibrahim Gambari.
Others at the meeting were the Ministers of Science and Technology, Olorunimbe Mamora; Interior, Rauf Aregbesola; Transportation, Mu’azu Sambo; Finance, Zainab Ahmed; Agriculture, Mohammed Abubakar; Communication and Digital Economy, Prof. Isa Pantami; Health, Dr Osagie Ehanire; Aviation, Hadi Sirika; Sports, Sunday Dare; Works and Housing, Babatunde Fashola; Environment, Mohammed Abdullahi; and FCT, Mohammed Bello.