In a bold shift in economic strategy, the Federal Government is moving its focus away from traditional top-down fiscal policies, instead betting on grassroots development as the primary catalyst to propel Nigeria toward a $1 trillion economy.
This comes as the National Economic Council recently granted concurrence for the creation of the ‘Renewed Hope Ward-Based Development Program,’ an inclusive strategy designed to involve all segments of Nigerian society by employing a bottom-up approach to development planning.
The Renewed Hope Ward-Based Development Program, designed to map each of the 8,809 wards across the 774 LGAs in the 36 states and the Federal Capital Territory is expected to capture resource endowments, available human capital, dominant economic activities, and infrastructure.
