National Economic Empowerment and Development Strategy (NEEDS) is a holistic reform agenda designed to lay a solid foundation for sustainable wealth creation, poverty reduction, employment generation and valued re-orientation.

National economic empowerment and development strategy is home grown reform program, put together through extensive consultation with major stakeholders in both public and private sectors of the economy; stakeholders includes officials of the state, local government, members of the state house of assembly, civil society organization, traditional rulers and representatives of the business community; donor agencies.

NEEDS lays out a program of fiscal reform, transparency, countering corruption, investment in badly needed infrastructures, revival of agriculture, investment in health and opening opportunities for the private sectors.

The NEEDS program is brought forward to put Rural and Urban Areas on the path towards attaining the Millennium Development Goals (MDGs).

It will form the basis for all our future activities and provide a guiding framework for our domestic and international development partners.

NEEDS is a program that put the people first and aimed at re-engineering a new society based on sound values from rent-seeking and corruption to entrepreneurship and public morality; from excessive dependence on revenue from oil and on government for patronage to a diversified, competitive, private sector led market economy.

More fundamentally, NEEDS seeks to ensure competiveness and private sector development, through a number of reform, privatization and instituting appropriate regulatory agencies, deepening the capital market and providing long-term investment finance, infrastructural development especially on road and electricity.

The reform program of NEEDS gives a high priority to food security, agriculture and small and medium enterprises as key to poverty reduction and employment generation measures.

The reform objective is also designed to develop a culture of responsible and patriotic citizenship.

The policy thrust of NEEDS on the financial sector is to build and foster a competitive and healthy financial system to support development and to avoid systemic stress.

The policy also advocates and addresses low capitalization, the poor governance practices of financial intermediaries that submit inaccurate information to the regulatory authorities.

Streamline the civil service and judicial structures at both the federal and state levels.

Institute strict fiscal discipline and accountability, strengthen our democratic institutions and uphold the rule of law; seek to attain and surpass an annual growth target of 5% over the next 5 to 10 years.

Tackles the looming HIV/AIDS/COVID-19 epidemic and enact a universal healthcare policy, create policy incentives for entrepreneurs venturing into information technology business.

The national economic empowerment and development strategy (NEEDS) frown at obstacles that will make Rural and Urban Areas stagnate in poverty.