Buhari’s Economic Recovery Plan
On the 5th of April 2017, the President of Nigeria, Muhammadu Buhari launched what is known as the Economic Recovery and Growth Plan (ERGP).
The Nigerian economy has been in recession for about a year. Nigerians have grown very impatient with the current administration because they have failed to deliver on the promises made prior to the 2015 elections.
Despite all the complaints the president still insists that the country is safer that it was 2 years ago, and that he has been successful in his fight against corruption this far.
The ERGP focuses on agriculture to help solve the problem of hunger in Nigeria. The president feels “we must produce what we need”. He also stated “we are determined to change Nigeria from a consumer nation to a producing nation”.
Udo Udoma the Nigerian minister of Budget and National Planning has promised that the ERGP “would restore growth, invest in our people and build a globally competitive economy”.