‘Initiative to boost economic development’

An Accelerated Stabilisation and Advancement Plan (ASAP) initiative to fast-track economic growth has taken off.

The initiative, led by Finance Minister Mr. Wale Edun is designed to ensure inter-ministerial collaboration to deliver on the set goals of President Bola Ahmed Tinubu.

Key ministers attended the inauguration of the body yesterday to underscore its importance.

These are: Minister of Agriculture and Food Security, Senator Abubakar Kyari; Minister of Budget/ Economic Planning, Senator Abubakar Atiku Bagudu; , Coordinating Minister of Health/Social Welfare, Prof Muhammad Ali Pate; Minister of Power, Adebayo Adelabu; Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo and Director-General of the Budget Office, Tanimu Yakubu.

According to Edun, the Tinubu Administration designed the ASAP to drive sustainable development across eight critical sectors of the economy.

The sectors identified as priorities, include: agriculture, energy and health, among others.

The immediate task of the initiative, in a statement by Ministry of Finance by Director of Information Mohammed Manga, is to ensure collaborative effort involving Finance Ministry; the Central Bank of Nigeria (CBN), the Federal Ministry of Agriculture and Food Security and the African Development Bank (AfDB).

This plan is designed to ensure that fertilizers and other critical inputs are delivered to farmers in a timely manner, thereby boosting agricultural output and contributing to food security.

Managa quoted Edun as saying: “As the ASAP Implementation Committee begins its work, there is a strong emphasis on precision, accountability, and sustainable development.

“The committee, chaired by Mr. Wale Edun, will oversee the implementation of the plan, ensuring that each priority area receives the attention and resources it requires.

“The collaborative efforts of various government agencies and stakeholders are expected to drive progress, resulting in tangible outcomes that will benefit the Nigerian economy and its citizens.

 â€œWith the ASAP implementation committee now operational, Nigeria is poised to witness significant advancements in its economic landscape.”