President Muhammadu Buhari has inaugurated the National Steering Committee to supervise the development of the Nigeria Agenda 2050 and Medium-Term National Development Plan, MTNDP.

The Committee for the development of Successor Plans to Vision 20:2020 and ERGP will be jointly chaired by Atedo Peterside and the Minister of Finance, Budget and National Planning Zainab Ahmed.

Buhari wile speaking at the event held in Abuja, said the Agenda 2050 and MTNDP were to succeed Vision 20:2020 and the Economic Recovery and Growth Plan, ERGP 2017 – 2020. He also expressed the hope that the successor plans would lift 100 million Nigerians out of poverty within the next 10 years.

The President explained that the main objectives of these Successor Plans are to lift 100 million Nigerians out of poverty within the next 10 years, particularly given the World Bank’s projection that Nigeria will become the world’s third most populous country by 2050 with over 400 million people.

He noted that it had become necessary to develop Successor Plans to the Nigeria Vision 20:2020 and the ERGP, which both lapse in December this year, in order to ensure continuity and efficiency in the country’s development planning.