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Two Years After Formation, FEC Approves Nigeria Agenda 2050



The Federal Executive Council in Abuja, endorsed the Nigeria Agenda 2050 on Wednesday. A plan aimed at increasing real GDP growth by seven per cent, creating 165 million new jobs and reducing the number of people living in poverty to 2.1 million in 2050, from the 83 million people estimated in 2020.

This comes four weeks after the National Economic Council endorsed the Agenda and 29 months after the President, Major General Muhammadu Buhari (retd.), inaugurated the National Steering Committee for the preparation of the Medium-Term National Development Plan 2021 – 2025 and Nigeria Agenda 2050.

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Its overarching goal is to take Nigeria through to an Upper Middle-Income Country and subsequently to the status of a High-Income country by 2050.

FEC approved the agenda after its weekly meeting presided over by Buhari at the State House, Abuja.

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