Though development planning has been a consistent phenomenon in nigeria s administrative system, it is worrisome that these plans have not achieved the expected results. Abridged version national bureau of statistics, nigeria. Federal ministry of budget and national planning nigeria. The strategic objectives among others include enhancing access to quality and affordable healthcare and to build human capacity for sustainable livelihood and national development. Governance and political system presidency introduction the proposed total investment for general administrat presidency is n283.
The strategic objectives include, the promotion of responsible leadership, transparency, accountability. After about nine months of intensive work by over 1,000 experts, the presidency yesterday unfolded the draft vision 20. Oct 02, 2009 the framework also offers a blueprint for sustainable political development in nigeria. Nigeria is a lesser developed country, whose politics have been shaped by chronic military dictatorships, dependence on oil, ethnic and social cleavages, and a population too large to feed. The ophthalmological society of nigerias strategic plan to preserve and restore vision vision for the futurenigeria is a multiyear, flexible and interactive programme. The study highlighted the importance of required infrastructures such as energy as a panacea to the realization of the objectives and goals of vision 2020 in nigeria. This abridged version summarizes, in five sections, the focus, objectives, strategies. D abstract the paper discussed the status of the economy of nigeria currently. 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. Nigeria experience in development planning has been a failure. The statement of national priorities should set specific targets to be achieved by 2010. Nigerias vision 2020 s intent is to position nigeria to become one of the top 20 economies in the world by 2020 linking the objectives of the needs program 20042007, the needs 2 program, and the sevenpoint agenda, key objectives of the vision 2020 are to. The vision 2020 trumpet has been rising to a deafening pitch as nigeria is aspiring to joining the league of the first 20 industrialized economies in the world by the year 2020. To overcome the challenges highlighted above, the nigeria vision 20.
Global trends suggest that the objectives of the vision may not be realised unless and until a significant improvement in the quality of governance is attained. Nigeria payment systems vision 2020 nationally utilised internationally recognised. The breakdown is reflected at the end of this chapter. By 2020 nigeria will be one of the 20 largest economies in the world, able to consolidate its. Vision 2020 working to eliminate avoidable blindness 53 3.
The pronouncement by the minister of national planning commission npc, dr. One and the first of the three anchors of nigeria vision 20. Initiative 5 taxes business by end 2009 for federal and state government and by 2011 for local government, all business taxes will be paid electronically. Financial system strategy 2020 central bank of nigeria.
The critical infrastructure, human capital development. Addressing nigerian development and the structure of the economy through education. Abstract nigeria has long recognised and acknowledged the importance of ict to spur national development. The first volume volume i contains three main parts. Its vision, that nigeria becomes one of the twenty largest economies in the world by 2020, is uninspiring. Programme of action for the implementation of mediumterm development plan 19972000. National development plan of nigeria commonwealth governance. He has the herculean task of reversing fifty years of decay that exists at the heart of nigerias current development and security architecture. Nigeria vision 2020 program 8 report of the energy sector national technical working group foreword this document is the outcome of the study and intense discussions by the members of the energy thematic group of the vision 20. To begin with, the current administration could harmonize the ergp strategies with the vision20. Business environment and competitiveness in nigeria considerations for nigeria s vision 2020 uwem essia department of economics, university of calabar, calabar, nigeria email. This can only be achieved through good governance and planned actions that detail the vision, mission, goalsobjectives and strategies to be attained over a given period of time. The mayor said that for the country to achieve its vision 2020 objectives, due attention must be given to human capital development issues. The strategic objectives include, the promotion of responsible.
Firs and customs will enable online verification of the amount to be paid, and the status of tax payments made andor due. In the creation of vision 2010, 248 members developed plans that would hopefully guide the country out of poverty and other of. Financial system strategy 2020 fss 2020 international conference payment systems strategy. After about nine months of intensive work by over 1,000 experts, the. 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. Work in progress as at 261009 not for circulation plans that included sector specific visions, policy targets, objectives and priorities for their respective thematic. A smart should be specific, measurable, achievable and time bound. Report of the vision 2020 national technical working group on. In addition, the youth as the dominant labour force whose productivity impacts on the economic growth process, how educated and healthier the youth are, greatly reflects on that contributions in the economic growth of the nation udoma, 2004 and by extension, the realization of vision 2020. These committees are expected to provide information that will feed into the nv2020 plan. The persistent determination in the quality of government since independence has led to political instability and the weakning of societal institutions. Lack of infrastructure as a challenge to the actualization of. The plan has, among its aims, the desire to place the country.
This paper argues that infrastructural development is. One of the main objectives of vision 2020 is to place nigeria in the top 20 leading. Otive igbuzor, executive director, african centre for leadership, strategy and development centre lsd, abuja, nigeria. In this direction, the vision aims to reduce the problems of. Nigeria has had a relatively long experience in development planning beginning with the colonial development plan 195868. Then president umaru yaradua was interested in a document that could be the development roadmap for nigeria. Provide nigerians the opportunity to share their vision for a new nigeria. A recent effort initiated by the government in realizing national developmental goal in nigeria is the vision20. Be realistic in our objectives phase 1 through to 2012, based on technology and infrastructure. 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. Among, and perhaps the most recent of these development plans is the nigerias vision 20. Pdf nigeria vision 2020 economic transformation plan. Read, highlight, and take notes, across web, tablet, and phone.
For chief philip asiodu, who chaired the central working group that came up with the vision 20. Though development planning has been a consistent phenomenon in nigerias administrative system, it is worrisome that these plans have not achieved the expected results. The part 1 of the document presents the strategic framework for the plan, which is premised on nigerias vision of becoming the. Fss 2020 clarify legal framework amending the central bank of nigeria act 1999 or other laws to clarify the finality of settlement. It made some comparisons between nigeria and south africa, which revealed that. A speedy transition to a truly democratic and market friendly polity is, therfore, of utmost priority if the vision aspirations are to be realised. Our study hence concentrates on the two objectives. Vision 2020 is aligned with the goals of the national development plan ndp. Evidence from national accounts 163 one of the vision objectives is to make the nigerian economy less oildependent and strengthen domestic industry. M chiadika school of engineering, delta state polytechnic, kuogwashiu. 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. He added that nigerias vision 2020 would be a mirage if there was absence of sound and qualitative education, training and retraining. 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.
Amidst various reforms agenda, policies, development plans and programmes, vision 2010, sevenpoint agenda and a host of others, nigerian leaders have. Vision 2020 is expected to place nigeria in the comity of one of the. One of the vision objectives is to make the nigerian economy less oildependent and strengthen. Newly elected nigerian president muhammadu buhari faces many challenges. Awili school of engineering, delta state polytechnic, ogwashiuku. Attainment of the vision would enable the country to achieve a high standard of living for its citizens. The purpose of this study is to examine the human resources development of nigeria as the road map for vision 20. With a strong belief that nigeria could make it, a vice president of accenture france and a client senior executive for the european commission, mr. Is that the year that abacha vision 2020 terminates of begins. Towards building a culture of continuous improvement.
Vision 2010 is a projected economic plan for nigeria to improve economically. Therefore the vision 2020 which will operate under a democratic setting would provide and achieve concrete result in our bid to be one of the worlds most 20 economically developed countries of the world by the year 2020. Going beyond vision 2020 in nigeria how africa news. The vision 2020 if well implemented will assist the country in achieving the millennium development goals mdgs targets. It is a long term plan meant to stimulate nigerias economic growth and launch the country into a path of sustained and rapid socialeconomic development. Lack of infrastructure as a challenge to the actualization. The framework also offers a blueprint for sustainable political development in nigeria. One of the major objectives of the ergp is to restore growth and diversify the economy.
Nigerias 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. 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 aim, objectives and pillars of vision 2020 and the possibility of achievement were explored. In this direction, the vision aims to reduce the problems of hunger, poverty, poor healthcare.
The vision 2020 blueprint, as the document is known, was presented to stakeholders from different spheres of the country for final vetting. We argued then that nigeria vision 20 2020 agenda is an attempt by the nigerian ruling class to hoodwink and deceive the people into believing that the state is. Vision 2020 is expected to place nigeria in the comity of one of the developed 20 economies in the world by the year 2020. Mediumterm development plans and national rolling plans were also developed and implemented with mixed results. The paper discussed the status of the economy of nigeria currently. 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. There will be increased membership drive for osn and strengthening of zonal and state branches. 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.
Nigerian citizens play in achieving the targets set forth by nv20. In line with the transformation agenda of president goodluck jonathan towards attaining the vision 20. The world health organization launched in 1999 an initiative to eliminate the global avoidable blindness and prevent the projected doubling of avoidable visual impairment between 1990 and 2020 vision 2020. The vision 2020 trumpet has been rising to a deafening pitch as nigeria is aspiring to joining the league of the first 20 industrialized economies in the wo. Antoine brugidou, has charged nigeria to borrow from the. Business environment and competitiveness in nigeria. Shamsuddeen usman, that the realisation of the vision 20. The paper discussed the challenges that may hinder the successful implementation of nigerias vision 20. Is abachas ghost still hounding nigeria to see to the end of the country, come the year 2020. Nigeriaworld documents vision 2010 all about nigeria. Lack of infrastructure as a challenge to the actualization of vision 2020 in nigeria abstract. Tanzania development plan, vision and investment priorities 9 tanzanias long term perspective plan 201112 202526 it provides an interpretation as well as a sharper and more focused guidance of the countrys development direction intended in tdv 2025, through outlining some quantitative targets with which we can measure our performance. Exempting transactions in approved rtgs systems from a possible zero hour ruling ensuring that approved multilateral netting arrangements cannot be set aside amending the central bank of nigeria act 1999 or other. Indeed, some forecasts say that nigeria will overtake south africa as africas largest economy by 2025.
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