News Update
FG to benefit $500M facility from World Bank for HOPE PROJECT FG Trains MDAs On Strategic Planning Formulation Skills In Benin Nigeria and China deepen collaboration in Economic Development

Did You Know?

The Ministry of Budget and Economic Planning was originally established as National Planning Commission. The Ministry has the mandate to determine and advise the Government of the Federation on matters relating to National Development and overall management of the national economy.

32
Years Since Established. By Decree No 12 Of 1992 and later amended by Act 71 Of 1993

The detailed objectives, functions, powers, and structure Of the Commission are outlined under sections 2, 3 and 5 Of the Establishment Act

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Budget and Economic Planning Leadership

  • LEADERSHIP
  • HIS EXCELLENCY BOLA AHMED TINUBU
  • HIS EXCELLENCY SEN. KASHIM SHETTIMA
  • HIS EXCELLENCY SEN. ABUBAKAR ATIKU BAGUDU
  • Dr. Sampson Ebimaro

HIS EXCELLENCY BOLA AHMED TINUBU

PRESIDENT, FEDERAL REPUBLIC OF NIGERIA

HIS EXCELLENCY SEN. KASHIM SHETTIMA

VICE PRESIDENT, FEDERAL REPUBLIC OF NIGERIA

HIS EXCELLENCY SEN. ABUBAKAR ATIKU BAGUDU

HON.MINISTER BUDGET AND ECONOMIC PLANNING

Dr. Sampson Ebimaro

Ag. PERMANENT SECRETARY BUDGET AND NATIONAL PLANNING

NIGERIA IN 2050

The Nigeria Agenda 2050 (NA 2050) is formulated against the backdrop of subsisting economic and social challenges and against the need to address them within the framework of long-and medium-term development plans. These challenges include low, fragile, and non-inclusive economic growth and development, high population growth rate, pervasive insecurity, limited concentric economic diversification and transformation of the economy, low productivity, and high import dependence. Other challenges include an un-conducive business environment and limited external competitiveness, deindustrialization, huge infrastructural deficits (transport, power), governance challenges, climate change, limited fiscal space and high incidences of poverty, unemployment, and inequality.

Part One

RATIONALE, OBJECTIVES AND PRIORITIES

Rationale for Nigeria Agenda 2050 Broad Objectives and Development Priorities for Nigeria Agenda 2050

Part Two

ECONOMIC GROWTH AND DEVELOPMENT

Agriculture, Solid Minerals, Mining, and Steel Development, Oil and Gas Sector, Industrialisation and Manufacturing, Culture, Creative, Tourism, Entertainment, and Hospitality Industry, Modern Financial Services Sector, Trade, Business Environment, and Global Competitiveness

Part Three

INFRASTRUCTURE

Power and Energy Sector, Transportation, Science and Technology, Digital Transformation

Part Four

HUMAN CAPITAL DEVELOPMENT

Education, Healthcare, Food Security and Nutrition Policies for a Vibrant Society

Part Five

SOCIAL DEVELOPMENT

Population Dynamics, Water, and Sanitation, Housing and Urbanisation, Environmental Management, Youths, Sports, Employment Generation for a Growing Economy, Poverty Reduction and Social Equity, Gender Equity, Persons with Special Needs

Part Six

PUBLIC ADMINISTRATION

Strengthening Institutions for a Stable and Peaceful State, Cross-Cutting Issues

Strategic Framework for National Development

National development is the highest priority of the government. Government will unlock all constraints to ensure enhanced economic growth that is inclusive and sustainable, over the Agenda period and beyond, to generate employment and reduce poverty.

To provide policy advice to the President in particular and Nigeria in general on all spheres of national life.
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To set national priorities and goals and engender consensus among Government agencies, as may be contained in guidelines issued by the Ministry from time to time.
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To undertake periodic review and appraisal of the capabilities of the human and material resource Of Nigeria with a view to advancing their development, efficiency and effective utilization.
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To formulate and prepare long-term, medium-term and short-term national development plans and to co-ordinate such plans at the Federal, State, and Local government levels.
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Vision

A Professional, Proactive, Smart and Team Oriented, Research, Planning and Budgeting Institution.

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Mission

To Promote national development through plans formulation, qualitative budgeting and effective coordination of Socioeconomic development including capacity building and tracking implementation of government policies

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Philosophy

The philosophy of the government is to work with all stakeholders within and outside the country for the structural transformation of the economy to guarantee continuous improvement in the welfare and standard of living of all citizens.

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Objectives

The Plan seeks to create a stable macroeconomic environment by enhancing investments and establishing a diversified, private sector-led economy. It prioritizes critical infrastructure, strengthened security, and governance. It also aims to promote a healthy population and address demographic challenges.

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Foundational Development Areas

Driving strategic planning, efficient budgeting, economic policies, and partnerships to achieve sustainable growth and national development.

Foundational Development Areas
Development Planning

Designing strategic frameworks and actionable plans to achieve sustainable growth, address key development challenges, and enhance the quality of life for citizens.

Economic Policy Formulation

Crafting and implementing innovative policies to stimulate economic stability, promote investment, and ensure long-term economic growth and resilience.

Public-Private Partnership Promotion

Building collaborative frameworks to attract private sector investments, drive infrastructure development, and enhance public service for mutual benefits.

Budget Preparation and Monitoring

Ensuring effective allocation, utilization, and oversight of financial resources to support national priorities, improve fiscal responsibility, and deliver measurable results.

DEPARTMENTS

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Units

The Ministry's units are specialized teams that support planning, budgeting, monitoring, and internal operations to drive effective governance and national development.

Audit Unit

Ensures transparency and accountability by reviewing financial records, evaluating internal controls, and monitoring compliance with regulations and policies.

Legal Unit

Provides legal advice, reviews contracts and policies, and ensures the Ministry’s actions comply with applicable laws and regulations.

ICT Unit

Manages the Ministry’s technology infrastructure, supports digital operations, and ensures secure and efficient information systems.

Protocol Unit

Coordinates official events, manages dignitary relations, and ensures adherence to formal procedures in all Ministry engagements.

DEPARTMENTAL HEADS

Dr. Sampson Ebimaro

Dr. Sampson Ebimaro

Director, International Cooperation
Responsible for Managing multilateral and bilateral economic co-operation

Dr. Mrs. Ahmed Gloria K.

Dr. Mrs. Ahmed Gloria K.

Director, Special Duties Dept.
Responsible for Coordination of extra activities of the Ministry

Mr. Emmanuel Oka Ukpai

Mr. Emmanuel Oka Ukpai

Director, Human Resources Management
Responsible for Human Resources Management of the ministry

Mr. Umar Kabir

Mr. Umar Kabir

Director, Finance & Account
Responsible for Finance and Accounting functions of the Ministry

Dr. Kenneth Onyemaechi Kwujeli

Dr. Kenneth Onyemaechi Kwujeli

Director, Plans & Project
Responsible for Plans & Project of the ministry

Mr. Felix A. Okonkwo

Mr. Felix A. Okonkwo

Director, Macroeconomic Dept.
Responsible for Macroeconomic Dept of the ministry

Mrs. Ayinde-Yaqub Olasumbo

Mrs. Ayinde-Yaqub Olasumbo

Director, National Monitoring and Evaluation Dept.
Responsible for Effective Monitoring and Evaluation of the ministry

Mrs. Florence Okwudili

Mrs. Florence Okwudili

Head, ICT

Mrs. Adegboyega Kehinde Asabi

Mrs. Adegboyega Kehinde Asabi

Director, Internal Audit
Responsible for Internal Audit of the ministry

Mr. Nnoshiri Henry Emeka

Mr. Nnoshiri Henry Emeka

Head, Protocol

Mrs. Julie Osagie Jacobs

Mrs. Julie Osagie Jacobs

Director, Information
Responsible for Effectively communicate the ministry’s activities

Mr. Auwal Saleehu Mohammed

Mr. Auwal Saleehu Mohammed

Director, Economic Growth
Responsible for Foster national development through extensive research

Mrs. Grace Oby Obi-Ukpabi

Mrs. Grace Oby Obi-Ukpabi

Ag. Director, Social Development
Responsible for Social development research and advisory

Mrs. Angela Gu'ar

Mrs. Angela Gu'ar

Ag. Director, Reform Coordination & Service Improvement Dept​
Responsible for Innovative service delivery innovation

Mr. Charles Jeminiwa

Mr. Charles Jeminiwa

Ag. Director, Infrastructure
Responsible for Infrastructure of the ministry

Mrs. Clementina Okoro

Mrs. Clementina Okoro

Director, Nutrition Department
Responsible for the nutrition department of the ministry

Mr. Oluwatobi Ayodele Omosa

Mr. Oluwatobi Ayodele Omosa

Director, Legal
Responsible for legal unit of the ministry

Mrs. Abimbola Ajayi

Mrs. Abimbola Ajayi

Ag. Director, Procurement Department
Responsible for the procurement department of the ministry

NEWS & UPDATES

FG to benefit $500M facility from World Bank for HOPE PROJECT
Dec 09, 2024
FG to benefit $500M facility from World Bank for HOPE PROJECT

The Federal Government of Nigeria is to benefit from a Five Hundred Million Dollar loan facility from the World Bank for the Human Capital Opportunities for Prosperity and Equity (HOPE) project in the country.

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FG Trains MDAs On Strategic Planning Formulation Skills In Benin
Dec 03, 2024
FG Trains MDAs On Strategic Planning Formulation Skills In Benin

Federal Government on Monday trained MDAs staff drawn from Planning, Research and Statistics (PRS) departments on formulation and development of sector strategic plans in Edo.

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Nigeria and China deepen collaboration in Economic Development Nigeria and China deepen collaboration in Economic Development
Oct 09, 2024
Nigeria and China deepen collaboration in Economic Development Nigeria and China deepen collaboration in Economic Development

Nigeria and China are actively deepening their partnership in economic development, which is characterized by a strong emphasis on the exchange of experiences and collaborative efforts across a variety of sectors, which are: Trade, Energy, Finance, Custom, agriculture, amongst others.

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