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EDO THINK TANK STRATEGY / ADVISORY GROUP ROAD MAP TO QUICK DEVELOPMENT A PRESENTATION TO

EDO THINK TANK STRATEGY / ADVISORY GROUP ROAD MAP TO QUICK DEVELOPMENT A PRESENTATION TO COMRADE ADAMS OSHIOMOLE. The Elion House Ikoyi, Lagos 18 th of October, 2008. It’s a new dawn in Edo State. Vision. Mission.

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EDO THINK TANK STRATEGY / ADVISORY GROUP ROAD MAP TO QUICK DEVELOPMENT A PRESENTATION TO

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  1. EDO THINK TANK STRATEGY / ADVISORY GROUP ROAD MAP TO QUICK DEVELOPMENT A PRESENTATION TO COMRADE ADAMS OSHIOMOLE The Elion House Ikoyi, Lagos 18th of October, 2008

  2. It’s a new dawn in Edo State... Vision Mission • To foster people-centred, all inclusive, participatory and result oriented governance in furtherance of development of Edo State and the welfare, prosperity and dignity of her people. Making Poverty history in Edo state Ideas Ideas Ideas

  3. The PIE AGENDA...........the begining 3 main Priorities of the Government... Production • To evolve a strategy to develop large scale mechanized farming and industry in Edo state. Infrastructure • Emphasis will be placed on roads, water and power. Within three months of coming into office, there will be complete stocktaking of the state of roads, water and power infrastructure to determine the scope and pace of the restoration agenda Education • Affordable and accessible education is the key to development. Communities will be encouraged to co-invest in education and co-manage secondary schools within the state while also improve the standards of teaching and learning in the higher school system.

  4. THE NEW VISION STATEMENT 1 • To become a leading economic centre of Nigeria where the people live in dignity, powered by a government that is responsive to the people 2 • To be a state of prosperous, industrious, talented and respected people who are at the centre of Nigeria’s economic, political and socio-cultural development.

  5. THE CURRENT STATE OF AFFAIRS

  6. EDO STATE FINANCES - IGR INTERNALLY GENERATED REVENUE (IGR)

  7. EDO STATE CAPITAL EXPENDITURE

  8. TARGET TRAJECTORY FOR GROWTH IN IGR The following growth pattern assumes that the current level of revenues from Federal Allocation (FAAC) is maintained at the 2008 budget figures.

  9. IMPLIED GROWTH IN IGR –By category (source) ASSUMPTION: To achieve a 70% contribution from IGR to the state’s purse, IGR must grow at a compounded annual rate of 110.5% across all sources of IGR.

  10. Strategic Development Framework

  11. KEY SECTORS IGR Infrastructure EMPLOYMENT & TAXABLE OPPORTUNITIES Education & Capacity Enhancement FINANCE FAAC Agriculture Health Commerce & Industry IGR

  12. THE THREE YEAR PLAN FIRST 3 YEARS FIRST 18 MONTHS FIRST 6 MONTHS FIRST WEEK WHERE ARE WE TODAY WHERE WE WANT TO BE

  13. WITHIN THE FIRST WEEK

  14. WITHIN THE FIRST SIX MONTHS

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