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Economic Recovery Growth Plan (ERGP) 2017-2020

This Medium Term Plan of the Federal Republic of Nigeria was designed to tackle the huge decline in the country’s economy since her shift from agriculture sector to crude oil and gas sector in the late 1960s. The plan’s objective includes restoring growth, investing in citizens and building a globally competitive economy.


This Medium Term Plan of the Federal Republic of Nigeria was designed to tackle the huge decline in the country’s economy since her shift from agriculture sector to crude oil and gas sector in the late 1960s. The plan’s objective includes restoring growth, investing in citizens and building a globally competitive economy.

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Mbpd<br />

MBNP<br />

MDAs<br />

MDGs<br />

MSMEs<br />

MST<br />

MTSS<br />

N<br />

NAIC<br />

NBS<br />

<strong>ERGP</strong><br />

NHIS<br />

NIIMP<br />

NIPC<br />

NIRP<br />

NIRSAL<br />

NNPC<br />

NYSC<br />

OB3<br />

p.a.<br />

PEBEC<br />

PMS<br />

PPP<br />

R&D<br />

RLTF<br />

SDGs<br />

SIP<br />

Million barrels per day<br />

Ministry of Budget and National <strong>Plan</strong>ning<br />

Ministries, Departments and Agencies<br />

Millennium Development Goals<br />

Micro, Small and Medium Enterprises<br />

Ministry of Science and Technology<br />

Medium-Term Sector Strategy<br />

Naira<br />

Nigerian Agricultural Insurance Corporation<br />

National Bureau of Statistics<br />

<strong>Economic</strong> <strong>Recovery</strong> and <strong>Growth</strong> <strong>Plan</strong><br />

National Health Insurance Scheme<br />

National Integrated Infrastructure Master <strong>Plan</strong><br />

Nigerian Investment Promotion Commission<br />

Nigeria Industrial Revolution <strong>Plan</strong><br />

Nigeria Incentive-Based Risk Sharing System for Agricultural Lending<br />

Nigerian National Petroleum Company<br />

National Youth Service Corp<br />

Obiafu-Obrikom-Oben pipeline<br />

Per annum<br />

Presidential Enabling Business Environment Council<br />

Premium Motor Spirit<br />

Public-Private Partnership<br />

Research and Development<br />

Recovered Loot Trust Fund<br />

Sustainable Development Goals<br />

Strategic Implementation <strong>Plan</strong><br />

6

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