Oct 02, 2009 the framework also offers a blueprint for sustainable political development in nigeria. My manifesto and vision for nigeria muhammadu buhari. Awili school of engineering, delta state polytechnic, ogwashiuku. Nigeria should borrow a leaf from the new civilisation of southeast asia, where purposeful leadership had inspired their people to change. Nigeria s quest to join the league of 20 industrialised nations by the year 2020 got a boost yesterday as the federal government unveiled a blueprint to attain this objective. Nigeriaworld documents vision 2010 all about nigeria.
He has the herculean task of reversing fifty years of decay that exists at the heart of nigerias current development and security architecture. Dec, 2014 my manifesto and vision for nigeria muhammadu buhari. Pdf nigeria vision 2020 economic transformation plan. The topdown development strategies in africa in general and nigeria in particular have generally not succeeded inraising the living standards among the rural poor. Pdf foreign direct investment and the nigerian economy. Nigeria s quest to join the league of 20 industrialised nations by the year 2020 got a boost on friday, september 25, 2009 as the federal government unveiled a blueprint to attain this objective.
Generally, policies and strategies of nigerian government towards fdi. African centre for leadership, strategy and development centre lsd. These committees are expected to provide information that will feed into the nv2020 plan. A recent effort initiated by the government in realizing national developmental goal. Business environment and competitiveness in nigeria.
During the vision period, nigeria should attain a controlled and manageable urban growth, and an improved urban economy to support poverty alleviation and creat employment. The first volume volume i contains three main parts. By 2020 nigeria will be one of the 20 largest economies in the world, able to consolidate its. These social menace trigger off a worrisome sense of insecurity that challenge nigerias efforts towards national economic development and consequently its vision 20. Its vision, that nigeria becomes one of the twenty largest economies in the world by 2020, is uninspiring. A recent effort initiated by the government in realizing national developmental goal in nigeria is the vision20. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext.
After about nine months of intensive work by over 1,000 experts, the presidency yesterday unfolded the draft vision 20. The breakdown is reflected at the end of this chapter. Work in progress as at 261009 not for circulation introduction the nv 20. Nigeria experience in development planning has been a failure. Governance and political system presidency introduction the proposed total investment for general administrat presidency is n283. The paper investigates the relationships between institutional enactments and the challenges of nigerian commercial banks survival 19802006 towards policy option for realizing vision 2020.
And paving the way for the emergence of the n11 countries after the brics, there is the next 11 or n11 countries, which have the potential to be bric likein the future as identified by goldman sachs one of which is nigeria. This paper argues that infrastructural development is critical to achievement of the vision. Aug 26, 2015 nigeria vision 2020 that was developed by the administration of former president olusegun obasanjo was one such effort, but amid many other challenges, it has fallen by the wayside. This has become worrisome in the face of nigerias preparedness to be ranked among the twenty 20 developed countries of the world by the year 2020. Poverty is the basic malady of nigeria which is involved in miserygoround, as part of the slum of the world economy. The nigeria vision 2020 is a bottomup strategic plan in which each major stakeholder group will prepare its v2020 thoughts and ideas based on the guidelines approved by the national council. The pronouncement by the minister of national planning commission npc, dr. Then president umaru yaradua was interested in a document that could be the development roadmap for nigeria. Much of the visual loss is avoidable with current knowledge and technology. Evidence from national accounts 163 one of the vision objectives is to make the nigerian economy less oildependent and strengthen domestic industry. The drafters of the vision had believed that by 2020 nigeria will be one of the 20 largest economies in the world able to. The plan has, among its aims, the desire to place the country.
Going beyond vision 2020 in nigeria how africa news. Despite the security challenges across the country, nigeria is meeting its target of being among the 20 largest economies in the world by the year 2020, also called vision 20. Newly elected nigerian president muhammadu buhari faces many challenges. The sheer market size and vast human and mineral resources, as well as the strategic. The part 1 of the document presents the strategic framework for the plan, which is premised on nigerias vision of becoming the. This abridged version summarizes, in five sections, the focus, objectives, strategies. Shamsuddeen usman, that the realisation of the vision 20. Financial system strategy 2020 central bank of nigeria. Though development planning has been a consistent phenomenon in nigerias administrative system, it is worrisome that these plans have not achieved the expected results. Technical and financial support from the private sector and development partners. Abdulhamid 2008 traced the history of the dream to a research conducted by economists at an american investment bank, a fallout of which was a prediction that nigeria would be in the league of 20 top economies by year 2025. Lack of infrastructure as a challenge to the actualization of. M chiadika school of engineering, delta state polytechnic, kuogwashiu.
In 2009, the federal republic of nigeria set some ambitious objectives. One of the main objectives of vision 2020 is to place nigeria in the top 20 leading economies of the world by the year 2020. Business environment and competitiveness in nigeria considerations for nigerias vision 2020 uwem essia department of economics, university of calabar, calabar, nigeria email. Lack of infrastructure as a challenge to the actualization of vision 2020 in nigeria abstract. Abstract nigeria has long recognised and acknowledged the importance of ict to spur national development.
This paper examined the nexus between foreign direct investment fdi and the vision 2020 economic growth target of nigeria. Our study hence concentrates on the two objectives. They indicate among others the current situation, challenges to be addressed, the objectives to be achieved, as well as, the strategies that will be employed to achieve the desired results. One of which was to become among the top 20 economies in terms of gdp size by 2020.
Addressing nigerian development and the structure of the economy through education article pdf available december 2015 with 6,824 reads. Nigerias quest to join the league of 20 industrialised nations by the year 2020 got a boost on friday, september 25, 2009 as the federal government unveiled a blueprint to attain this objective. The ophthalmological society of nigeria strategic plan to preserve and restore vision vision for the futurenigeria is designed to encourage, enhance and coordinate. The news agency of nigeria reports that the vision is aimed at making nigeria to become one of the 20 economies in the world by year 2020. The part 1 of the document presents the strategic framework for the plan, which is premised on nigeria s vision of becoming the. The critical infrastructure, human capital development. After about nine months of intensive work by over 1,000 experts, the. Approved by the federal executive council 14 oct 2009 endorsed by the national council of state 08 june 2010 launched by mr. Vision 2020 is aligned with the goals of the national development plan ndp. Insecurity and national economic development implications for. Report of the vision 2020 national technical working group.