The National Economic Council (NEC), on Thursday endorsed the framework for the Renewed Hope Development Plan (2026–2030).
9news Nigeria reports that the plan is aimed at consolidating Nigeria’s reform agenda and actualise the one trillion dollar economy target of President Bola Tinubu’s administration.
This was part of the resolutions reached at the 151st meeting of the Council, presided over by the Vice-President Kashim Shettima, held at the Presidential Villa, Abuja.
The council commended the Ministry of Budget and Economic Planning for kickstarting the process and also urged the effective participation by all states and stakeholders to ensure inclusivity and accelerated growth.
The Chairman of the Council, Vice-President Shettima, said the new national development plan will build on existing policies, deepen continuity, and align Nigeria’s growth trajectory with the long-term goals of Nigeria Agenda 2050.
He described the transition as critical to sustaining the country’s economic trajectory and consolidating the administration’s ongoing reforms.
“Another major consideration today is the expiration of the National Development Plan 2021–2025 and the preparation of its successor, the Renewed Hope Plan 2026–2030.
”This, to us, is no ordinary transition. It is the bridge between lessons learnt and ambitions pursued.
”The Renewed Hope Plan will consolidate ongoing reforms, deepen policy continuity, and align our medium-term strategies with the long-term horizon of Nigeria Agenda 2050. It’s a practical roadmap towards a one trillion economy by 2030,” he said.
The Vice-President emphasised that the plan will be participatory rather than top-down, engaging multiple tiers of government, civil society, and private actors.
