Boko Haram: Northern Economy Bleeding, Says Minister

Boko Haram: Northern Economy Bleeding, Says Minister

Boko Haram: Northern Economy Bleeding, Says Minister

Minister and Deputy Chairman of National Planning Commission, NPC, Dr. Shamsuddeen Usman, cried out yesterday that the activities of the dreaded Islamic sect, Boko Haram have created a lot of distortions in the economic activities in the region.

Dr. Usman stated this in Abuja, while inaugurating the Central Working Group, CWG, on the review of the First National Implementation Plan, NIP, 2010-2013, of the Vision 20:2020. The CWG is an independent panel set up to conduct the review.

The minister said the activities of the Boko Haram in the North have created a lot of distortions in the growth of the Nigerian economy.

He said that the review was imperative in order to discover progress already made as well as constraints in the efforts to develop the Nigerian economy.

According to him, the implementation of the Plan which started in 2010 was on course in all sectors of the economy, adding that the implementation of the first phase of the Vision document would end in December 2013.

He said: “What gets measured gets done. We are measuring the implementation of the First National Plan to know the achievement made and the mistakes to avoid.

“We have brought in professionals that will come up with the assessment of the Plan. The committee is to find out whether the Plan is working or not. The ultimate goal is for Nigeria to make significant progress.

He also explained that the review was necessary due the dynamic nature of the world economy, recent developments in the world economy as well as developments in the domestic economy, particularly, the security challenges facing the nation.

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