Presentation at the 2013

Democracy Day Celebration

By

Dr. Shamsuddeen Usman, CON

Hon. Minister/Deputy Chairman

National Planning Commission (NPC)

The Presidency

Wednesday, May 29, 2013

THE TRANSFORMATION AGENDA

OUTLINE

1.0 Introduction

2.0 The Transformation Agenda (TA)

3.0 Why Review the Transformation Agenda?

4.0 Structure of the Review Report

5.0 Highlights of Major Review Findings

6.0 Conclusion

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2009 • NV20:2020

2010 • 1st NIP

2011

• Transformation Agenda (TA)

April

2013

• Review of the TA

Nigeria’s Strategic Plan Timelines at a Glance

1.0 Introduction

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1.0 Introduction (Cont’d)

• The strategic planning framework of the country is anchored on

Nigeria’s Vision (NV)20:2020

- NV 20:2020 was developed in 2009

- To be actualised through implementation of three medium term

strategic plans:

1st NIP, 2010 – 2013

2nd NIP, 2014 – 2017

3rd NIP, 2018 – 2020

- And the Transformation Agenda (TA), 2011-2015

• Overarching objective of NV20:2020 is for Nigeria to become one of

the 20 largest economies in the world by 2020

ADEQUATE

RESPONSE

Delivery of Promises

Key Challenges

Rising

Expectations

OVERWHELMING

MANDATE

1.0 Introduction (Cont’d)

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2.0 The Transformation Agenda

• The Transformation Agenda (TA) demonstrates the desire and capacity to:

- Transform our thinking, institutions, organizations and human

capital

• TA:

- Serves as Federal Government’s medium term development strategy

to speed up Nigeria’s march towards the actualization of the

NV20:2020

- Blueprint represents the key policies, programmes and projects of the

Federal Government to be implemented during 2011-2015

- To consolidate the gains of the reforms of the last decade

- Guides the annual budgetary preparation process

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2.1 Pillars of the Transformation Agenda

HUMAN CAPITAL DEVELOPMENT

Education

Health

Labour and Productivity

Women and Youth Development

INFRASTRUCTURE

Power

Transport (Roads, Rail, Inland

Waterways & Seaports)

Housing

Water for Irrigation and Industries

REAL SECTOR

Agriculture

Manufacturing

Oil & Gas

Solid Minerals

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2.2 Other Key Focal Areas of the

Transformation Agenda

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2.3 Key Deliverables of the TA - Macroeconomic Objectives

• A stable and strong macroeconomic environment that is investor

friendly

- For improved living standards for the generality of

Nigerians.

• The key targets are:

- A robust real GDP growth rate of 7.76% per annum over the

period

- Greater coordination and harmony between fiscal, trade and

monetary policies;

- Greater fiscal prudence and low inflation;

- Reducing the ratio of recurrent to total expenditure to not more

than 60 percent;

- Sustained reduction in the unemployment rate

2.4 KEY SECTORAL DELIVERABLES

(a) Governance

• Policies and programmes directed at addressing governance issues will focus

on:

- Deepening reforms in public service

- Security, law and order

- The legislature

- Anti-corruption measures and institutions;

- The judiciary

- Economic coordination

- Support for private investment.

(b) Education

• Similar sectoral deliverables set in Education, Health, Agriculture, Oil & Gas,

Power, etc

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2.5 Monitoring the TA

• Monitoring and Evaluation (M&E) framework approved by Government

• Framework of M&E, as an essential vehicle for effective realisation of

the TA objectives

• First and second Federal MDAs, report on M&E for 2010 and 2011

produced

- Production of 2012 M&E report is at an advanced stage

• Performance management system (PMS)has been introduced at the

Federal level

- Mr. President signed performance contracts with Ministers in

September 2012

- Ministers are currently giving account of their stewardship for fiscal

year 2012 at the weekly FEC meetings

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3.0 Why Review the Transformation Agenda?

• Review provides a comprehensive appraisal of the first two years of this administration

• Global best practice is to review plans or strategic agendas midway

• Developments in the domestic and global economies - Recent slow down in performance of advanced nations - Volatility in international oil and commodity prices - Fundamental shifts in global petroleum industry

• Review to assess progress in implementation, against set, milestones and targets in the TA:

- Taking stock and moving forward

• To chart delivery of electoral promises by Mr. President

• To make corrections, where necessary and chart the way forward

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4.0 Structure of the Review Report

• The Report is a mid-term review of the Transformation Agenda - May 29, 2011 – May 29, 2013 - Very comprehensive, covering all sectors of the economy

• Takes into account developments in:

- Global economy

- Macroeconomic framework

- Policy initiatives, reform and strategies

- Sectoral programmes & Projects

- State Governments projects and programmes

- Private sector investment and development Assistance flows to the country

• Review covers indepth analysis of all aspects of:

- Nigeria’s basic development objectives and priorities,

- Sectoral and global dimensions; and

- Key gaps and challenges

• Explored the outlook and prospects for the second half of the

Administration

4.0 Structure of the Review Report • The Mid-Term Report is structured into 18 chapters

Chapter Description Chapter Description

Part One: Governance and Democracy Part Two: Macroeconomic and Sectoral

Performance

Chapter 1 Accountable Governance: The

Key to Transformation

Chapter 7 Introduction

Chapter 2 Breathing Life into Nigeria’s

Human Rights Commitments

Chapter 8 Macroeconomic Performance

Chapter 3 Executive - Legislature

Relationship

Chapter 9 Key Reforms & Outcomes

Chapter 4 Corruption - Slaying the

Dragon with the Rule of Law

Chapter 10 Good Governance

Chapter 5 Insecurity – Protecting the

State from Terrorism and

Insurgency

Chapter 11 Sustaining Economic Growth

through the Productive Sectors

Chapter 6 Independent Judiciary and the

Integrity of the Administration

of Justice

Chapter 12 Provision of Quality &

Affordable Infrastructure

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4.0 Structure of the Review Report • The Mid-Term Report is structured into 18 chapters

Chapter Description

Part Two: Macroeconomic and Sectoral Performance (Cont’d)

Chapter 13 Effective Human Capital & Social

Development

Chapter 14 Ensuring Security & Safety for all Nigerians

Chapter 15 State Governments

Chapter 16 Private Sector & International Development

Partners

Chapter 17 Outlook & Prospects for the Nation

Chapter 18 Conclusion

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5.0 Highlights of Major Findings on the Review • Overall the mid-term review shows the Administration has made

considerable progress in the last two years:

- At the macroeconomic and sectoral levels

• Significant aspects of the targets of TA were attained

• The Nominal GDP grew from $226.13 billion in 2010 to $243.09

billion and $257.42 billion in 2011 and 2012 respectively

- Translated to an improved, global GDP ranking of the economy

from 44th position in 2010 to 36th position in 2012

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6.0 Conclusion

• Government is committed to sustained implementation of the TA

• Highlights of the mid-term review show that significant progress has

been made at macro, sectoral and institutional levels

• A number of challenges to tackle in the next two years

• Mr. President has promised to address the challenges and transform

Nigeria

• Calling on all Nigerians to get on the Transformation Train

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Thank You Thank You