NATIONAL DEVELOPMENT PLAN (NDP) 2021-2025

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National Development Plan

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What is in the Plan?

Objectives

The associated broad objectives of the Plan are to:

Establish a strong foundation for a concentric diversified economy, with robust MSME growth, and a more-resilient business environment
Invest in critical physical, financial, digital, and innovation infrastructure
Build a solid framework and enhance capacities to strengthen security and ensure good governance
Enable a vibrant, educated, and healthy population.
Invest in the social infrastructure and services required to alleviate poverty
Promote development opportunities across States to minimize regional economic and social disparities.

Who is involved in the National Development Plan?

The committee is made up of captains of Industry; Representatives of the State Governors, one each from the six geopolitical zones, Representatives of the National Assembly, Honourable Ministers; Key Political Parties, Government Agencies; Labour Organizations; Youth Organizations; Women Society, Farmers’ Association, ALGON, Traditional and Religious Leaders and Representatives of People with Special Needs. The institutional framework had two levels below the NSC, which are the Central Working Group (CWG) and the Technical Working Groups (TWGs). Twenty-six (26) TWGs were set up with experts across key thematic areas of the economy. The CWG is chaired by Dr. (Mrs) Sarah Alade with Ambassador Adeyemi Dipeolu as the deputy chair.

The role of the government will go beyond the normal provision of the enabling environment to include the qualitative participation in vital sectors of the economy that will open opportunities for the private sector to be a major engine of growth. Consequently, the philosophy of the government is to work with all stakeholders within and outside the country for the structural transformation of the economy to guarantee continuous improvement in the welfare and standard of living of all citizens

How is this different from other plans e.g. the ERGP

The Plan is a successor to the Economic Recovery and Growth Plan (ERGP), 2017-2020, which elapsed in December 2020. The vision of the NDP, 2021-2025 is consistent with the pursuit of socio-economic transformation of our country as envisioned in the long-term aspiration of Nigeria, encapsulated in the Nigeria Agenda 2050. The Plan also builds on the achievements and lessons learned during the implementation of the ERGP.