FINANCING INFRASTRUCTURE FOR ECONOMIC TRANSFORMATION BY DR. YERIMA LAWAN NGAMA HON. MINISTER OF STATE FOR FINANCE AUGUST 5, 2013. Theme and Topic.
DR. YERIMA LAWAN NGAMA
HON. MINISTER OF STATE FOR FINANCE
AUGUST 5, 2013
NIGERIA VISION 20: 2020
FIRST NATIONAL IMPLEMENTATION PLAN 2010 - 2013
SECOND NATIONAL IMPLEMENTATION PLAN 2014 - 2017
THIRD NATIONAL IMPLEMENTATION PLAN 2018 - 2020
FG TRANSFORMATION AGENDA 2011 - 2015
NIIMP 2014 - 2043
A long term plan for stimulating Nigeria’s economic growth and launching the country onto a path of sustained and rapid socio-economic development. Nigeria is expected to be among the top 20 economies in the world with a minimum GDP of N144 billion ($900b) and a GDP per capita income of no less than N640,000 ($4,000) per annum by 2020.
It is a medium term economic transformation agenda for realizing the Federal Government’s economic growth agenda for 2011 -2015
The Objectives of the Agenda are:
The Investment Requirement to achieve the objectives of the various Development Plans are as follows:
Hence some kind of acceleration of investment is envisaged after 2020. Obviously this is hinged on a vibrant Private Sector led economy.
Gross Investment in Infrastructure
Gross Investment Total % of Total
Public Sector 14.59Tr 56.82%
Private Sector 11.09Tr 43.18%
Total 25.68Tr 100%