The Minister of Budget and National Planning, Udoma Udo Udoma, has assured Nigerians that the economy would be better in 2018.
Udoma gave the assurance in a statement signed by his Media Adviser, Mr. Akpandem James, in Abuja.
minister spoke at an economic forum organised by the Redeemed Christian
Church of God (RCCG), Kings Court Parish, Lagos, on Sunday.
said the economy would significantly be better in 2018 going by the
consistent positive trend of key indicators since the country emerged
from recession in the second quarter of 2017.
He said international and local rating agencies had shared same view that the Nigerian economy would grow rapidly in the year.
said the growth would create opportunities for investment in
agriculture and agro-processing, industry, mining, construction and
The minister, however, assured that the Federal
Government would continue to sustain the implementation of the Economic
Recovery and Growth Plan (ERGP).
“The government is determined to
lead in that effort and appealed to the private sector to respond to
the various initiatives which the government has been rolling out.
“There is no doubt that more work needs to be done and we all must work together to achieve sustainable results,” he stated.
said the ERGP was designed to tackle constraints to growth, leverage
the power of the private sector, promote national cohesion and social
inclusion, allow markets to function and uphold our core values