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Nigeria’s the Economic and Growth Recovery Plan (ERGP) Focus Laboratories launched on February 6, is expected to generate US$24 billion worth of investment.

Vice President Yemi Osinbajo disclosed that 80 per cent of the figure is expected from the private sector.

Osinbajo said the policy laboratory, launched on Feb.6 was to accelerate the intervention of the Economic Recovery and Growth Plan (ERGP).

He said the laboratory could also generate 15 million jobs and a projected Gross Domestic Product (GDP) growth of 3.5 per cent this year and seven per cent growth by 2020.

According to the vice president , the laboratory is a euphemism that describes a relationship between the public, private sector.

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