In a move to sustain the economic drive and expand the Nigerian economy for accelerated revenue and job creation, about nine ministries will be submitting a fresh working policy document to the Federal Executive Council in the next six weeks..
Minister of Art, Culture and Creative Economy, Hannatu Musa-Musawa, stated this in an interview with newsmen.
Recall that the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, on Tuesday presented to President Bola Tinubu an Accelerated Stabilisation and Advancement Plan (ASAP), designed to address key challenges affecting the reform initiatives and stimulate development in various sectors of the economy.
According to reports, the plan has given an insight into how the administration seeks to address some of the many problems hindering the effective delivery of some of the economic reforms so far implemented by the current administration.
The plan reportedly captured the Federal Government’s eight priority areas to stabilize the economy and it is broken down into Agriculture and Food Security Sub-Committee plan, Energy Sub-Committee plan: Oil, Energy Sub-Committee plan: Gas, Energy Sub-Committee plan: Power, Health and Social Welfare Sub-Committee plan, and Business Support Sub-Committee plan.
Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement, said the ASAP policy proposals has not been made official because it will still be subjected to further scrutiny and analysis before being presented to the public.
However, in her interview, Musawa said the Federal Executive Council would receive a fresh economic expansion proposal in six weeks which would have inputs from nine ministries in a bid to raise the sum of $100bn to increase the country’s Gross Domestic Products by 2030 and create jobs for no fewer than two million Nigerians in the creative and entertainment industry.
She noted that her ministry had been collaborating with eight other ministries to put together the new policy working document owing to the important roles strategic partnership plays in the economic stability of a country.