Mr Fidelis Ugbo, the Secretary of the National
Planning Commission, says N464 trillion will be
required to implement the National Integrated
Infrastructure Master Plan (NIIMP). The master plan is a 30-year plan expected to be
funded by the federal and state governments as
well as the private sector. Ugbo made the disclosure on Tuesday at the
opening of the 10th Joint Planning Board (JPB)
and National Council on Development Planning
(NCDP) meetings in Uyo. The theme of the meeting is “Imperative of
Strategic Planning as a Framework for Effective
Policy Formation and Implementation for
Nigeria’s Transformation’’. “The scope of the NIIMP coverage is 2014 to
2043. The investment size is approximately N464
trillion and is to be implemented through five-
year operational plan and 10-year strategic plan
for 30 years. “The NIIMP has been developed, concluded and is
currently being validated to complement the
Transformation Agenda and Vision 20:2020,’’
Ugbo said. He urged the permanent secretaries of states
planning commissions, who were actively
involved in the plan, to be involved in the
implementation of the plan. Ugbo also urged state governments to ensure that
their annual budgets and medium term plans
were aligned with the priorities of the NIIMP with
effect from the 2014 budget. However, Mrs Arit Ibanga, the Permanent
Secretary, Ministry of Economic Development,
Akwa Ibom, said dwindling revenue due to oil
theft in the Niger Delta had severe implications on
the nation’s development planning processes. “The outcome of the current review of the
revenue formula, the national dialogue and the
ongoing constitution review will severely impact
on our planning processes. “We must therefore be able to develop a more
robust framework and response capability that
will be easily amendable to the possible
distortions these changes may bring,’’ Ibanga
said. The three-day meeting will review the extent of
implementation of key recommendations on
development planning processes arising from the
last JPB meeting held in Benue. (NAN)
Planning Commission, says N464 trillion will be
required to implement the National Integrated
Infrastructure Master Plan (NIIMP). The master plan is a 30-year plan expected to be
funded by the federal and state governments as
well as the private sector. Ugbo made the disclosure on Tuesday at the
opening of the 10th Joint Planning Board (JPB)
and National Council on Development Planning
(NCDP) meetings in Uyo. The theme of the meeting is “Imperative of
Strategic Planning as a Framework for Effective
Policy Formation and Implementation for
Nigeria’s Transformation’’. “The scope of the NIIMP coverage is 2014 to
2043. The investment size is approximately N464
trillion and is to be implemented through five-
year operational plan and 10-year strategic plan
for 30 years. “The NIIMP has been developed, concluded and is
currently being validated to complement the
Transformation Agenda and Vision 20:2020,’’
Ugbo said. He urged the permanent secretaries of states
planning commissions, who were actively
involved in the plan, to be involved in the
implementation of the plan. Ugbo also urged state governments to ensure that
their annual budgets and medium term plans
were aligned with the priorities of the NIIMP with
effect from the 2014 budget. However, Mrs Arit Ibanga, the Permanent
Secretary, Ministry of Economic Development,
Akwa Ibom, said dwindling revenue due to oil
theft in the Niger Delta had severe implications on
the nation’s development planning processes. “The outcome of the current review of the
revenue formula, the national dialogue and the
ongoing constitution review will severely impact
on our planning processes. “We must therefore be able to develop a more
robust framework and response capability that
will be easily amendable to the possible
distortions these changes may bring,’’ Ibanga
said. The three-day meeting will review the extent of
implementation of key recommendations on
development planning processes arising from the
last JPB meeting held in Benue. (NAN)
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