The ruling APC Government is embarking on a one day retreat on Thursday to forge strategies that can get Nigeria out of a recession.
According to the Minister of Budget and National Planning, Udo Udoma, the meeting would also provide the forum for government to present and discuss priority areas of the 2017 budget and realign its priority areas of the MDAs with national growth and development objectives.
“The key objective of the retreat is to discuss the 2017 budget as well as discuss steps being taken to get the economy out of recession,” the spokesperson of the minister, Akpandem James, said in a statement. “The meeting is part of a scheduled arrangement to fine-tune and set the right parameters for the 2017 Budget.”
“It (the meeting) will provide an opportunity to discuss the framework of the 2017 budget, the key priorities and the deliverables of the budget.
“The retreat is expected to deliver improved understanding of the measures being taken to get the country out of recession; improve synergy among the various ministries for enhanced implementation of planning and budget; and enhance knowledge of how to develop 2017 budget which is effectively linked with the medium term plan.
“The meeting will also review prioritized projects and programmes of ministries to fit into the 2017-2019 MTSS, 2017-2020 Medium Term Plan and 2017 Budget; and improved understanding on budget ceiling for MDAs for 2017 Budget,” he said.
The President and Vice President are both expected to attend this retreat.