The final copy of the countryâ€˜s Vision 2020 document, an economic transformation blueprint that is expected to launch Nigeria into the league of the 20 most developed economies of the world by the year 2020, is ready, the Minister in charge of National Planning, who is also the Deputy Chairman, National Planning Commission, Dr.Shamsudeen Usman, has said.
Usman, who disclosed this during the inauguration of the Joint Planning Commission for the 16th Nigerian Economic Summit in Abuja on Friday, said that the document would be officially inaugurated by President Goodluck Jonathan soon.
This yearâ€˜s summit, tagged, â€Nigeria at 50: The Challenge of Visionary Leadership and Good Governanceâ€, is expected to take place by October.
He said that the Federal Government had concluded the last phase of the preparation of the first four-year implementation plan.
According to Usman, â€The final copy of the Vision 20: 2020 had been ready since October last year; only that it was yet to be officially inaugurated. It will be officially inaugurated by President Jonathan as soon as his approval has been given. The current administration is committed to repositioning Nigeria to join the league of 20 largest economies in the world by the year 2020.â€
He said that the economic transformation blueprint was developed with the active involvement of stakeholders from the three tiers of government and the private sector, including members of the NESG and the donor community.
He said,â€ The implementation of the Vision 20:2020 is currently in full swing with the last phase of the preparation of the first four-year implementation plan being concluded.â€
He added that this yearâ€˜s summit will improve on the success recorded during the 2009 event, noting that the government would provide the necessary assistance to ensure a hitch-free summit.
He said, â€The efficacy of public private partnerships has been proven in both developed and emerging markets, leading to unprecedented growth and development in a number of countries all over the world. The Joint Planning Committee will work under the joint coordination of the NESG and National Planning Commission.â€
Speaking at the event, the Director General, NESG, Mr. Frank Nweke Jr., said that this yearâ€˜s summit would witness a remarkable improvement over the previous ones, adding that the event would provide a veritable platform for providing workable solutions to the countryâ€˜s numerous economic challenges.
He said, â€All over the world, various governments have realized the efficacy of the partnership between the public and private sector in order to achieve economic growth and development.â€ This yearâ€˜s summit will be a remarkable improvement from that of last year in terms of providing workable solutions to the myriads of economic problems facing our countryâ€