Federal Ministry of Budget and Economic Planning (Nigeria)

The Agenda is anchored on the pillars and targets of the NV 20:2020 and it aims to i) create decent jobs in sufficient quantity to resolve the protracted problem of unemployment and reduce poverty, ii) lay foundation for robust and inclusive growth within the Nigerian economy, and iii) improve, on a sustainable basis, the well-being of all classes of Nigerians regardless of their circumstances and location.

The 1st NIP is the period 2010-2013 and it aims to bridge the infrastructural gap in the country, optimize the sources of economic growth to increase productivity and competitiveness, develop a knowledge-based economy to deepen the technology base of the country, improve governance, security law and order, and foster accelerated, sustainable social and economic development in a competitive business environment.

A Monitoring and Evaluation (M&E) framework has been established to track progress in the implementation of the 1st NIP to ensure high performance and accountability.

NEEDS builds on the earlier two-year effort to produce the interim PRSP (I-PRSP), and the wide consultative and participatory processes associated with it.

It is a medium term strategy (2003– 07) but which derives from the country's long-term goals of poverty reduction, wealth creation, employment generation and value re-orientation.

NEEDS is a nationally coordinated framework of action in close collaboration with the State and Local governments (with their State Economic Empowerment and Development Strategy, SEEDS) and other stakeholders to consolidate on the achievements of the last four years (1999–2003) and build a solid foundation for the attainment of Nigeria's long-term vision of becoming the largest and strongest African economy and a key player in the world economy.

The donor community, made up of IBRD, DFID, EU and UNDP, is taking advantage of this change to align their local programs to improve the quality of assistance to the country.

Specifically, the Centre pursues one of its roles of capacity building by: Identifying the type and quantity of programmes required for the country's managerial manpower; developing resources for management teaching, training and consultancy; building institutions to meet the need of national development; improving the quality and enhancing the use of management consulting, research and training; serving primarily as a training centre for economic planners, policy analysts, budget and project officers at the federal, state and local government levels; developing and strengthening specific skills that will enhance the quality of management of the national economy at the macro and sectoral levels; and being a policy laboratory for vigorous and sustained development and promotion of highly specialized skills required for enhancing efficient and effective planning and management of the Nigerian economy among others.