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BREAKING: The Yemi Osinbajo-led Nigeria Economic Sustainability Plan (NESP) was earlier today approved by the Federal Executive Council (FEC). 


The NESP is a 2.3 Trillion Naira stimulus plan to mitigate the ongoing economic challenges occasioned by the historic COVID-19 pandemic.

The Committee that prepared the NESP was set up by President Buhari, and chaired by Vice President Prof. Yemi Osinbajo, SAN, Made up of a number of Cabinet Ministers, and held extensive consultations with NASS, EAC, and State Governors.

Goals of the NESP: 


- Create jobs
- Put money into the economy to hopefully stop it slipping into recession,
- Support small businesses
- Prioritize local content (Made-in-Nig)

The NESP is a 12-month ‘Transit’ Plan between the ERGP & the ERGP-successor-plan currently being worked upon.

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