James said the minister gave the assurance while presenting a paper titled: “Delivering Economic Resilience and Growth” at the Financial Times Nigeria Summit in Lagos. “The Federal Government has continued to roll out initiatives, such as the Economic Recovery and Growth Plan (ERGP) focus labs. “ERG is aimed at attracting sufficient private sector investments to ensure that Nigeria achieves the growth target of seven per cent by 2020,’’ Udoma said. He said the Federal Government responded with an expansionary 2016 Budget, supported by a Strategic Implementation Plan (SIP), consisted of a series of short term interventions aimed at reflating the economy. “As part of the implementation of the ERGP, there have been substantial increases in capital allocations to priority sectors.

Source: The Guardian June 01, 2018 04:52 UTC