This significant event unfolded during a courtesy visit by the United Nations Industrial Development Organization (UNIDO) team, a crucial partner in this agreement, held in Abuja.
During the meeting, Sen. Abubakar Bagudu highlighted the background and importance of this collaboration. He explained that the committee's establishment was in response to the request from the previous administration of President Muhammadu Buhari in March 2021.
"The assignment of the committee was to align the proposed Nigeria PCP (2023-2027) priority areas with the National Development Plan (NDP) 2021-2025, and identify sources of funding for the PCP during the programmed period.
“The committee presented its report in August 2022, the proposed total budget for PCP Nigeria 2023-2027 of 174.585 million dollars and how it is to be sourced.
“Government counterpart contribution is 14.3 per cent using the structure for financing of NDP 2021 – 2025: 24.965 million dollars and UNIDO/Partner’s contributions 85.7 per cent 149.619 million dollars,” Bagudu said.
He expressed satisfaction with the document due to its gender inclusiveness.
“Women are strong factors and they are very enterprising,” he said.
Earlier, the Regional Director of UNIDO, Mr. Jean Bakola, said that the organization had achieved a lot of development in the country.
“We have engaged many women in the private sector, and we have also developed some projects for agriculture, small and medium-sized enterprises.
“We have done a lot for the energy sector and capacity building,” Bakola said.
He commended President Bola Tinubu for appointing Bagudu as minister, and promised to continue working with him in the overall interest of Nigeria.
