President Muhammadu Buhari on Friday said his administration launched the Integrated National Financing Framework to improve funding for Sustainable Development Goals without increasing public debt in the country.
Mr Buhari explained that his government adopted the INFF with the support of the United Nations Development Programme to increase SDGs funding and accelerate economic sustainability.priorities and the SDGs at the country level. The number of countries with national development plans almost doubled between 2006 and 2016. Yet, most strategies and plans do not have concrete financing plans to fund their implementation, the UN said.
As a result of this, the president said the federal government of Nigeria established a number of ambitious programmes in an attempt to accelerate the achievement of the SDGs in Nigeria. Despite the challenges caused by the sharp drop in the prices of crude oil and the COVID-19 pandemic, Mr Buhari said Nigeria has remained resolute in its genuine desire to maintain and grow our economy.
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