Federal government’s Economic Recovery and Growth Plan, applauded as workable economic strategy

The Federal government’s Economic Recovery and Growth Plan – ERGP has been described as a workable economic strategy that will, in the long run, bring about growth and development in key sectors of the nation’s economy if meticulously implemented.

Associate Professor of Economics and former Commissioner for Economic Development in Akwa Ibom State, Dr. Chris Ekong who stated this while speaking with our correspondent Anthony Esin on the structure of the programme opined that the ERGP plan has the potential to meet its objective.

Reacting to the recent comment by the Chairman, Bill and Melinda Foundation, Bill Gates, that the ERGP is a document which identifies investment in the people but fails to reflect it in its implementation, Dr. Ekong faulted the comments, stating that Gates failed to consider the economic indices and limitations of growth which he noted varies from country to country.

Bill Gates made the statement while attending an expanded meeting of the National Economic Council -NEC at the State House, Abuja, with the theme: ‘Human Capital Investment in Supporting Pro-poor and Economic Growth Agenda.’

At the meeting which was also attended by the President of Dangote Group, Aliko Dangote; the business community, academia, and some multilateral organisations, Gates noted that Nigeria has a veritable economic potential, adding that it was up to the country to maximise such potential by investing in its people whom he described as its greatest resource.

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