by Our Reporter
The Minister of State, Budget and National Planning, Prince Clem Ikanade
Agba said the Federal Government had made tremendous progress in her
effort to reposition the economy of the country.

Speaking on Monday January, 2020 while receiving Japanese Ambassador
Extraordinary and Plenipotentiary to Nigeria, Yutaka Kikuta in his
office, Prince Agba said the most recent was the return of the budget
cycle from January – December.

“We want to sustain what happened last year in terms of early budget
passage; we will continue to work with the National Assembly to repeat
the feat. If we fail to repeat it, it means that what happened was just
a chance or a fluke but if we do it means that we have a process and a
plan that we intend to build on” the Minister further explained.

The Minister added that the return of the Budget cycle to January was
deliberate and in line with the current administration’ economic
recovery plan, which is culminating in the development of another
National Development Plan, intended to succeed the ERGP.

According to Prince Agba, “the National Development Plan will be a
10-year plan for Nigerians. It will be broken down into two 5-year
medium term plans, from which the annual budgets would be drawn.”

He expressed Government’s readiness to make the process of the National
development plan very inclusive.

Prince Clem Agba commended the Government of Japan for the development
assistance and the cordial relationship that has existed between the two
countries in the past 60 years and promised to do everything in his
power to ensure that the plans are actualised.

Earlier, the Japanese Ambassador Extraordinary and Plenipotentiary to
Nigeria, Yutaka Kikuta commended the President Muhammadu Buhari’s
administration on its economic policies and priorities, saying the
administration was on the right track to economic recovery and

The Ambassador said he was in the Ministry to discuss ways of
crystallizing Prime Minister Shinzo Abe’s promise of assisting to
strengthen the National Center for Disease Control (NCDC) with a grant
of 2billion Japenese Yen, as well as support to the National Defence

” We support President Buhari’s second term because we deeply believe in
his priority areas and we feel the Federal Government is on the right
track”. Yutaka Said.

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