News Agency of Nigeria (NAN)

Recession: Nigerian govt. strategises

Sen. Udoma Udo Udoma, Minister of Budget and National Planning

By Cecilia Ologunagba

The Ministry of Budget and National Planning says it will use the outcome of the just concluded State and Local Governance Reform Project (SLOGOR) to boost the economy.

The Permanent Secretary of the ministry, Mrs Fatima Mede stated this in a statement issued by the SLOGOR Project Communication Officer, Ebenezer Ajewole on Sunday in Abuja.

According to the statement, Mede gave the assurance at the SLOGOR Retreat held in Calabar on Sunday.

SLOGOR Project is a European Union Funded Project being managed by the World Bank in the Six States of Anambra, Cross River, Jigawa, Kano, Osun and Yobe.

It is aimed at improving transparency, accountability, quality of public finance and human resource management systems, with a view to strengthening governance in the participating states.

Mede stated that the government would use the outcome of the project to design policy that would help the country out of the economic recession.

“The government attaches high importance to the successful implementation of the SLOGOR, particularly the outcome of the just concluded SLOGOR retreat.

“It will be useful in the design of policy options to usher the economyout of recession,’’ she said.

Mede was represented by the Director of Administration in the Ministry, Mr. Chris Ezeilo at the retreat.

She noted that SLOGOR represented an opportunity to identify feasible options to finance development plans at sub-national level.

She added that the project also fostered good governance by mainstreaming inclusive growth and development in the implementation of the Project.

The statement, however,  quoted Governor of Cross River, Prof. Ben Ayade, as saying that SLOGOR had contributed to the innovative revenue generation strategies in the state.

Ayade was represented by Frank Eta, the Commissioner for International Development Cooperation in the state.

The governor said that the project had contributed to donor coordination frameworks being implemented by the state government for sustainable development in the state.

He, however, commended the EU and World Bank for supporting the project. (NAN)