Politics

Nigerian govt to hire economic growth expert for N458m

Apparently in efforts to actualise the change it promised Nigerians, the Federal Government has announced its plan to hire an economic expert with the sum of N458 million.

The Federal Executive Council (FEC), which approved the plan on Wednesday, said the consultant, an expert in economics, will conduct a study that will assist government implement its Economic Recovery and Growth Plan (ERGP).

The development was communicated to State House correspondents by the Minister of Budget and National Planning, Udo Udoma, after the FEC weekly meeting presided over by Vice-President Yemi Osinbajo at the Presidential Villa, Abuja.

Udoma, who put the cost of hiring the expert at N458 million, explained that his job would be to identify relevant stakeholders in both private and public sectors for the implementation of the ERGP.

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The study, Udoma added, would be conducted on agriculture, transportation, power, gas and processing among other sectors.

Also speaking, the Minister of Power, Works and Housing, Babatunde Fashola, said that FEC has approved the contract for the construction of Gombe-Biu Road at the cost of N27 billion.

 

 

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