Niger Delta
‘FG Needs N464trn For Infrastructure’
The Secretary of
the National Planning Commission, Mr Fidelis Ugbo, says N464 trillion will be required to implement the National Integrated Infrastructure Master Plan (NIIMP).
The master plan is a 30-year plan expected to be funded by the federal and state governments as well as the private sector.
Ugbo made the disclosure on Tuesday at the opening of the 10th Joint Planning Board (JPB) and National Council on Development Planning (NCDP) meetings in Uyo.
The theme of the meeting is “Imperative of Strategic Planning as a Framework for Effective Policy Formation and Implementation for Nigeria’s Transformation’’.
“The scope of the NIIMP coverage is 2014 to 2043. The investment size is approximately N464 trillion and is to be implemented through five-year operational plan and 10-year strategic plan for 30 years.
“The NIIMP has been developed, concluded and is currently being validated to complement the Transformation Agenda and Vision 20:2020,’’ Ugbo said.
He urged the permanent secretaries of states planning commissions, who were actively involved in the plan, to be involved in the implementation of the plan.
Ugbo also urged state governments to ensure that their annual budgets and medium term plans were aligned with the priorities of the NIIMP with effect from the 2014 budget.
However, the Permanent Secretary, Ministry of Economic Development, Akwa Ibom, Mrs Arit Ibanga, said dwindling revenue due to oil theft in the Niger Delta had severe implications on the nation’s development planning processes.
Niger Delta
Flood: NDDC Extends Lifeline To Ayakoro Community
Niger Delta
C’River Deploys Drones To Boost Rural Healthcare Access
Niger Delta
South-South APC Elects New Zonal Executive … Reaffirms Unity Ahead Of 2027
-
News4 hours agoRSG Reiterates Commitment To Youth Dev
-
News4 hours agoKwankwaso Dumps NNPP, May Join ADC Today
-
Business2 hours agoNSCDC Discloses Illegal Dump Site In Ikwerre Community
-
Business2 hours agoYenagoa’s Radisson Hotel Ready December — NCDMB, Other
-
Maritime2 hours agoMWUN Raises Alarm Over Port Security Lapses In Lagos
-
Maritime2 hours agoMaritime Workers Demand Reinstatement Of Tally Clerks, Gangway Security Over Port Revenue Loss
-
Maritime2 hours agoNNS Hands Over Two Suspected Stowaways to Immigration Service
-
News4 hours agoPalm Sunday: CAN Decries economic hardship
