Government commits to achieving 0.6 per cent poverty by 2050 | The Guardian Nigeria News

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The Federal Government said it is fully committed to implementing the country’s Agenda 2050 to ensure the country attains a gross domestic product (GDP) per capita of $33,000 and brings the poverty rate down to 0.6 per cent.

Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, stated this at the media conference on the forthcoming 29th Nigerian Economic Summit (NES29).

He said the overall aim of the agenda was to increase the country’s per capita GDP, thereby transiting the economy to the highest per capita GDP among the upper-middle income economies.

The plan will be effectively implemented by successive administrations through medium-term national development plans and annual budgets, he explained.

He said the goals of Sustainable Economic Development as encapsulated in the Nigeria Agenda 2050 include a stable and predictable macroeconomic environment, adopting policies that are consistent with raising domestic savings and…



Source: Guardian Newspaper