FG unveils 10yr-N31.05trn masterplan to recover North East

Federal Government has unveiled and validated a strategic masterplan geared towards the recovery, stabilisation and long-term socio-economic development of the North-East region of the country.

The project estimated to cost N31.05 trillion over a 10-year period is built on eleven pillars which comprises the key sectors needed for the steady return and sustainable development of the region.

The projected N31.05 trillion cost of implementation, which is about US$ 80 billion is expected to substantially come from the private sector.

Unveiling the Master plan, in Abuja Nigeria, Secretary to the Government of the Federation (SGF), Mr. Mustapha said over N30 trillion is needed to implement the project.

According to the SGF, ‘there is need for all stakeholders in the Public and Private Sectors, Development Partners, especially Donors, to garner resources and invest optimally in the richly endowed, but least-exploited North-East Region.’

“Going by the presentations earlier made here, it is noteworthy that the Commission, through the diverse consultations and engagements it undertook, has already identified its critical Stakeholders with whom it will implement the NESDMP.

“The NEDC Act mandates the Commission to liaise with Federal Ministries, Departments and Agencies, States and Development Partners on the implementation of all measures approved in the Master Plan for the stabilization and development of the North-East Zone by the Federal Government. It also requires the NEDC to interface with Development Partners Local or International and Nongovernmental Organizations to ensure synergy with other Stakeholders in line with the Master Plan.“

Mustapha added that the step towards rebuilding the North-East Region following the unfortunate Boko Haram insurgency, is a fulfillment of the campaign promise made by President Buhari to the people of the North-East Geo-Political Zone.

“Undoubtedly, we can boldly say that NEDC has turned out to be one of the important projects of this administration,“ he emphasised.

Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq maintained that the master plan is evidenced based.

“I recognized that the process of the elaboration of this master plan needed to be all engaging and encompassing to ensure that the Programme’s being rolled out by the NEDC, meets the needs of the affected people in the region,” Farouq noted.

Represented by the National Coordinator, National Social Investment Programme (NSIP), Dr Umar Bindir, the Minister called for similar synergy at the implementation phase.

Governor of Borno State and Chairman, North-East Governors’ Forum, Babagana Umara Zulum said that the Master plan is the most significant achievement of the North East Development Commission (NEDC) since inception, hence the need for the Commission to invest in strategic and transformational projects.

“This is because if properly and strategically implemented, it will not only complement what the Governors are doing in the States, by investing in transformational projects, but also serve as a tipping point for transformation of the region.

“It’s our collective aspirations.

“It has to be strategic in realizing that the resources it has is limited and the significant percentage is time bound as it has only 7years to go. The investments and projects NEDC supports have to compliment what the State Governments are doing and avoid repetition so that we can achieve the complementality effects. This investment is meant to serve the region,” Zulum said.

Managing Director, North East Development Commission (NEDC), Mohammed Alkali said the Master plan contains over 500 Schemes, projects and programmes.

“We are extremely delighted to present to you the compendium for the relevant, demand driven, viable and sustainable Schemes, programmes and projects, which all stakeholders can key into,” Alkali noted.

The 11 Pillars of the North East masterplan are; (i) Peaceful Society, (ii) Leadership in Agriculture,

(iii) Healthy Citizens, (iv) Educated Populace, (v) Flourishing Trade, (vi) Productive Entrepreneurs, (vii) Purposeful Infrastructure, (viii) Industrialization, (ix) Memorable Experience, (x) Protected Environment, and (xi) Connected Region.