By -

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.

Comments

Post a Comment

Popular posts from this blog

CRSG DECIDES ON GRABBING DISPUTING LAND IN BOKI.

By -
Image
_Hon. Commissioner Erasmus Ekpang (PhD), Visits Warring Communities In CRS, Sues For Lasting Peace._ By: Paschal Nyiam. The Honourable Commissioner for Information, Erasmus Ekpang (PhD), has on Saturday, 28th June gone on a tour of visit to assess the security situation and damages on the Boje and Isobendeghe communities respectively. Hon. Erasmus who confessed to be very disturbed and concerned by the recent incident of attacks and killings among the both sides, began by visiting the Commanding Officer of Edor barracks, Ikom, who received him warmly and gave him an insight on the situation on ground. The Commissioner who doubles as the State Government’s representative assured that by the month of July, the boundary adjustment committee led by the State Surveyor General will bring out reports about the area contention and the land will be demarcated with a buffer zone carved out in the area to ensure sustainable and lasting peace and stability. He then proceeded to the ...
Read more

Boki Chairman Joins Engineers to Inspect Okundi-Boje-Kanyang Road for Rehabilitation

By -
Image
Boki Chairman Joins Engineers to Inspect Okundi-Boje-Kanyang Road for Rehabilitation On Friday, December 12, 2024, a team of state engineers visited Boki Local Government Area to assess the Okundi-Boje-Kanyang road in preparation for its forthcoming construction and rehabilitation. Demonstrating her commitment to excellence and hands-on leadership, the Executive Chairman of Boki LGA, Hon. Mrs. Beatrice Etta Nyiam, personally joined the engineering team for the inspection. Accompanied by the Vice Chairman of the Council, Hon. Obi Jonathan, the Chairman took the lead in guiding the team along the road, from Boje to Kanyang. During the inspection, Hon. Mrs. Nyiam emphasized the importance of adhering to global best practices in road construction. She called for the strict application of these standards to ensure that the Okundi-Boje-Kanyang road, also known as the Boki East-West road, meets the highest quality and durability. The Chairman expressed optimism that the project will soon c...
Read more

Boki LGA Celebrates International Women’s Day 2025, Led by Hon. Mrs. Beatrice Etta Nyiam and Her Chairperson, Mrs. Kelle Edward Nyiam

By -
Image
FOR IMMEDIATE RELEASE JOEFINTEC MEDIA Boki LGA Celebrates International Women’s Day 2025, Led by Hon. Mrs. Beatrice Etta Nyiam and Her Chairperson, Mrs. Kelle Edward Nyiam As part of global efforts to advance gender equality and empower women, Hon. Mrs. Beatrice Etta Nyiam will lead the 2025 International Women’s Day celebration in Boki LGA under the theme: "Accelerate Action for the Girl Child and Women." The event, scheduled to take place at the Boki LGA Council, Boje, is being held in recognition of Her Excellency, Bishop Mrs. Eyoawan Bassey Otu, whose leadership continues to foster inclusivity and women’s empowerment across the state. Highlights of the Event: Seminar: Engaging discussions on women’s rights, leadership, and opportunities for the girl child. Agricultural Empowerment: Training and support for women in agribusiness to boost economic independence. Livelihood Support: Assistance for aged women and widows to enhance their well-being. This celebration u...
Read more