2016 Budget: FG Unveils Six Strategic Plans

Picture of President Muhammed Buhari and Vice president Yemi Osinbajo
Picture of President Muhammed Buhari and Vice president Yemi Osinbajo

The Federal Government has laid down six strategic plans and 30 priority plans of the President Buhari administration after receiving the 2016 budget from the National Assembly.

Vice President Yemi Osibanjo made the presentation of the strategic implementation plan, which includes diversification of the economy and national security and it is expected to cover the next 12 months.

Osinbajo noted that the government will be firm and unrelenting in implementing the budget while acknowledging the suffering experienced by Nigerians over the drawn out drama around the budget.

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The strategic plan reads: “We acknowledge the pains you face and are concerned about them. There are a multitude of things that require decisive action. We are taking action and in due course they will produce satisfying outcomes. Our determination is firm and unrelenting.”

He said, “Consequently, I am pleased to share President Muhammadu Buhari’s strategic implementation plan for the 2016 budget”. This Strategic Implementation Plan articulates 6 thematic Strategies and 33 priority actions which will constitute the short-term priority of the Federal Government over the next 12 months”.

The six strategic plans are as follows;

  1. Lasting Changes in the Policies, National Security and Governance.
  2. Diversify the Economyby Fast-tracking Industrialization, Agriculture and Agro-Allied Processing, as well as attracting investment into the Solid Minerals, Tourism and Entertainment Sectors
  3. Prioritize critical Infrastructure, focused on increasing investment in Power, Rail and Roads, etc.
  4. Oil and Gas Reforms
  5. Ease of Doing Business
  6. Social Investment


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