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The Economic Recovery and Growth Plan (ERGP), a Medium Term Plan for 2017 – 2020, builds on the Strategic Implementation Plan for the 2016 National Buget and has been developed for the purpose of restoring economic growth while leveraging the ingenuity and resilience of the Nigerian people – the nation’s most priceless assets. It is also articulated with the understanding that the role of government in the 21st century must evolve from that of being an omnibus provider of citizens’ needs into a force for eliminating the bottlenecks that impede innovation and market-based solutions.
The Plan also recognises the need to leverage Science, Technology and Innovation (STI) and build a knowledge-based economy. The ERGP is also consistent with the aspirations of the Sustainable Development Goals (SDGs) given that the initiatives addresses its three dimensions of economic, social and environmental sustainability issues.