Presentation at the 2013 Democracy

Day CelebrationBy

Dr. Shamsuddeen Usman, CONHon. Minister/Deputy Chairman

National Planning Commission (NPC)The Presidency

Wednesday, May 29, 2013

THE TRANSFORMATION AGENDA

Outline1.0 Introduction

2.0 The Transformation Agenda (TA)

3.0 Why Review of the Transformation Agenda

4.0 Structure of the Report of the Review

5.0 Highlights of Major Findings on the Review

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

ADEQUATERESPONSE

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

INFRASTRUCTURE PowerTransport (Roads, Rail, Inland Waterways & Seaports)Housing Water for Irrigation and Industries

REAL SECTORAgriculture ManufacturingOil & GasSolid 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 chaptersChapter Description Chapte

rDescription

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 14

4.0 Structure of the Review Report • The Mid-Term Report is structured into 18 chaptersChapter DescriptionPart Two: Macroeconomic and Sectoral Performance (Cont’d)Chapter 13 Effective Human Capital & Social

DevelopmentChapter 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 YouThank You