President Muhammadu Buhari has inaugurated the Nigeria Integrated National Financing Framework Report on Sustainable Development (NIFF), during the 77th United Nations General Assembly in New York.
The president’s media aide, Femi Adesina, quoted the Nigerian leader as saying,“For Nigeria and indeed Africa as a whole, achieving the SDGs will mean ending poverty and hunger, safeguarding our ecosystem and the planet, and ensuring our people live in peace and prosperity by the year 2030.”
While stressing the importance placed by the present administration towards achieving this, Buhari said, “It is pertinent to state that achieving inclusive, broad-based and sustainable development is a cardinal objective of our administration.
“It is for this purpose that the Federal Government of Nigeria established a number of ambitious programmes in an attempt to accelerate the achievement of the SDGs in Nigeria.
“The Office of the Senior Special Assistant to the President on SDGs has continued to provide technical leadership in the operations of the SDGs at all levels of governance in Nigeria.”
He expressed delight that the process leading to the NIFF which started in 2020 finally crystalised into Friday’s memorable activity.
“Today’s event marks the end of a long process that began in 2020 when the Steering Committee and the Core Working Group on Nigeria’s Integrated National Financing Framework were inaugurated.
”The Integrated National Financing Framework has been developed to map out a much-needed sustainable financing plan for Nigeria to deliver on our commitment to the SDGs and our National Development aspirations,” he said.
According to Buhari, the various developmental plans and programmes for the country have all been aligned with the SDG and are poised to move the economy to greater heights despite the challenges that have confronted the country.
“Despite the challenges caused by the sharp drop in the prices of crude oil and the COVID-19 pandemic, Nigeria has remained resolute in our genuine desire to maintain and grow our economy.
“The 2017-2020 Economic Recovery and Growth Plan; the 2020 Economic Sustainability Plan; the 2021 National Poverty Reduction with Growth Strategy; and the 2021-2025 National Development Plan are all aligned with the SDGs.
“It is in line with this commitment and with a focus on the National Development Plan (2021-2025) that the Federal Government of Nigeria, with the support of the United Nations Development Programme, has adopted the NIFF as a tool to improve SDGs financing.
”This is without increasing public debt and contingent liabilities to levels that will be detrimental to economic sustainability.”
While rallying Nigerians, International Community and Development Partners behind this new development, the president assured stakeholders of its immediate implementation.