name="monetag" content="ec3611baf049ae5af35940fc4c3dfa9e"> LATEST WORLD NEWS: Breaking news: Osinbajo Declares Ministerial Retreat Open In Abuja

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Monday, September 7, 2020

Breaking news: Osinbajo Declares Ministerial Retreat Open In Abuja

 

A file photo of Vice President Yemi Osinbajo
A file photo of Vice President Yemi Osinbajo

 

Vice President Yemi Osinbajo has declared open the First Year Ministerial Review Retreat at the State House Banquet Hall in Abuja, the nation’s capital.

He represented President Muhammadu Buhari who attended the ECOWAS summit in the Niger Republic.

In attendance are the Secretary to the Government of the Federation, Boss Mustapha, all ministers, the head of the civil service, permanent secretaries and other top government functionaries

The retreat is meant to create transparency on the status of the implementation of policies programs and projects of government and provide a roadmap towards the delivery of the nine priority agenda during the first year of the second term of the President Muhammadu Buhari administration.

SEE FULL SPEECH BELOW:

ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE FIRST YEAR MINISTERIAL PERFORMANCE REVIEW RETREAT

STATE HOUSE CONFERENCE CENTRE, ABUJA

7TH SEPTEMBER 2020

PROTOCOLS

It gives me great pleasure to welcome you all to the First Year Ministerial Performance Review Retreat. We are meeting a time that mankind is struggling to overcome the economic and social crisis caused by the COVID-19 pandemic, which has disrupted life as we knew it. The consequences of the pandemic will no doubt influence our deliberations at this gathering, especially as we will have to adjust our policy approaches and methods of working going forward.

  1. I stressed at last year’s Retreat that the Nigerian people expect dedication and commitment by all of us in implementing policies, programmes and projects to improve the quality of their lives and set Nigeria on the path of prosperity. I also reiterated the resolve of this Administration to set the stage for lifting 100 million Nigerians out of poverty in the next 10 years. Even today, these remain our overriding objectives.
  2. The priorities we set for ourselves were around nine inter-related and inter-connected areas, which are: stabilizing the economy; achieving agriculture and food security; attaining energy sufficiency in power and petroleum products; improving transportation and other infrastructure; driving industrialization with a special focus on SMEs; expanding access to quality education, affordable healthcare and productivity of Nigerians; enhancing social inclusion by scaling up social investments; as well as building a system to fight corruption, improve governance and strengthen national security.
  3. In the course of the past year, Ministers have rendered reports to the Federal Executive Council on their activities and outputs related to the achievement of these objectives. Some of the notable achievements include:
  4. Economic recovery prior to the outbreak of COVID-19. The economy recovered from a recession and we witnessed eleven

2 quarters of consecutive GDP growth since exiting recession. The GDP grew from 0.8% in 2017 to 2.2% in 2019, but declined in the first quarter of 2020, as a result of the downward trend in global economic activities caused by the COVID-19 pandemic.

  1. Implementation of a Willing Buyer, Willing Seller Policy for the power sector has opened up opportunities for increased delivery of electricity to homes and industries. We are also executing some critical projects through the Transmission Rehabilitation and Expansion Programme, which will result in the transmission and distribution of a total of 11,000 Megawatts by 2023.

iii. On transportation, we are growing the stock and quality of our road, rail, air and water transport infrastructure. The Presidential Infrastructure Development Fund projects are also progressing very well. These include the 11.9 km Second Niger Bridge, 120 km Lagos-Ibadan Expressway, and 375 km Abuja – Kaduna – Zaria – Kano Expressway. At the same time,

3 we are actively extending and upgrading our railway networks, as well as our airports which are being raised to international standard with the provision of necessary equipment, to guarantee world-class safety standard.

  1. The Government has continued to support the Agricultural sector, the key to the diversification of our economy, through schemes such as the CBN Anchor Borrowers Programme and the Presidential Fertilizer Initiative programme.
  2. The work of the Presidential Enabling Business Environment Council (PEBEC) has resulted in Nigeria moving up 39 places on the World Bank’s ‘Ease of Doing Business’ ranking since 2015 and Nigeria is now rated as one of the top ten reforming countries. We are confident that the on-going ease of doing business reforms would result in further improvement of this rating.
  3. Nigeria’s Law Enforcement Agencies have significantly scaled up their footprint across the country. As part of the efforts

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