The economic transformation agenda, otherwise known as nigeria vision 20. According to nigeria vision 2020 2008, the national council on vision 2020 ncv2020 is the apex netherlands travel guide pdf free download body of. The latter is the vision that expects nigeria to be one of the 20 largest economies in the world, able to consolidate its leadership role in africa and establish itself as a significant player in the global economic and political arena. The asian tigers who are competing favourably with western countries ensured that their energy source was realiable and regular before they got to where they are today. Thus, the only way and viable option forward is to secure our energy base. The breakdown is reflected at the end of this chapter. Governance and political system presidency introduction the proposed total investment for general administrat presidency is n283. Then president umaru yaradua was interested in a document that could be the development roadmap for nigeria. One of which was to become among the top 20 economies in terms of gdp size by 2020. These committees are expected to provide information that will feed into the nv2020 plan. By 2020 nigeria will be one of the 20 largest economies in the world, able to consolidate its leadership role in africa and establish itself as a significant player in. In 2004, he dreamt that nigeria will emerge one of the 20 largest economies of the world in 2025. The plan has, among its aims, the desire to place the country. Vision 2010 of the abacha era and the currently touted vision 20.
It is hoped th at the strategies adopted can tr ansform the 140 million people in nigeria. Nigeria commits to achieving the goal of a contraceptive prevalence rate of 36% by 2018. Vision 2020 is expected to place nigeria in the comity of one of the developed 20 economies in the world by the year 2020. 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. Aug 10, 2012 moreso, nigeria can never realise her vision 20. This will enhance maternal and child survival, thereby contributing to the government of nigerias initiative to save one million lives by 2015. Our study hence concentrates on the two objectives. To achieve this objective, nigeria would have to compete with nations like the united states, japan, germany, china, and the united kingdom, which have traditionally maintained the top five ranking of the international. Vision 2020 is the objective of the nigerian government to grow the size of nigerias economy from a position of 40th in 2005 to the 20th nation in the world by the year 2020. Introduction the longterm vision for ghana is to become a middleincome country by the year 2020. Economic transformation policy for nigeria popularly known as the vision 20. Oct 02, 2009 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. Evidence from national accounts 163 one of the vision objectives is to make the nigerian economy less oildependent and strengthen domestic industry.
With financial support of 12 million from the european union eu, unido assists the federal government of nigeria fgn in implementing its strategic framework, vision 20. This paper takes a critical look at the vision 2020 goals which the nigerian government sets for itself within the framework of the 7. Pdf climate change and nigerias sustainable development of. Request pdf will nigeria achieve the goals of vision 2020. Considering nigerias previous experience with national plans it is valuable to study weather vison 20. Considering nigeria s previous experience with national plans it is valuable to study weather vison 20. This paper argues that infrastructural development is critical to achievement of the vision. The drafters of the vision had believed that by 2020 nigeria will be one of the 20 largest economies in the world able to.
Approved by the federal executive council 14 oct 2009 endorsed by the national council of state 08 june 2010 launched by mr. A recent effort initiated by the government in realizing national developmental goal in nigeria is the vision20. Climate change and nigerias sustainable development of vision 202020. Financial system strategy 2020 central bank of nigeria. Vision 2020 is a global initiative that aims to eliminate avoidable blindness by the year 2020. The industrial sector accounts for 6 per cent of economic activity, while in 2011, the manufacturing sector contributed only 4 per cent to gdp. Work in progress as at 261009 not for circulation introduction the nv 20. Q e main goal of the plan is to bring nigeria to the top 20 biggest economies in the world by 2020. In 2009, the federal republic of nigeria set some ambitious objectives.
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. The part 1 of the document presents the strategic framework for the plan, which is premised on nigerias vision of becoming the 20th economy in the world by the year 2020. It was launched on 18 february 1999 by the world health organization together with the more than 20 international nongovernmental organisations involved in eye care and prevention and management of blindness that comprise the international agency for the prevention of. To overcome the challenges highlighted above, the nigeria vision 20. 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.
Thus, nigeria has had vision 2000, vision 2010 and now the latest, vision 20. Pdf the nigerian government has put several economic tools into place to improve on the economic productivity of the nation. Providing information and seeking suggestions on nv 20. Technical and financial support from the private sector and development partners. Provide nigerians the opportunity to share their vision for a new nigeria. Strong growth more than other economies above nigeria. Is that the year that abacha vision 20 20 terminates of begins. One of the major objectives of the ergp is to restore growth and diversify the economy. Nigeria experience in development planning has been a failure. It is just eleven years to the end of the time frame for realizing the. 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. After about nine months of intensive work by over 1,000 experts, the presidency yesterday unfolded the draft vision 20. 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.
Out of the total population, about 39 percent are children aged below 15 years while adults constitute the remaining 61 per cent. 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. Abridged version national bureau of statistics, nigeria. The part 1 of the document presents the strategic framework for the plan, which is premised on nigeria s vision of becoming the 20th economy in the world by the year 2020. Pdf nigeria vision 2020 economic transformation plan. This paper analyses the nexus between global competitiveness and the attainment of the vision 20. Beginning date 2010 title variation first national implementation plan for nv20. Attainment of the vision would enable the country achieve a high standard of living for its citizens. The first volume volume i contains three main parts. The first national implementation plan 1st nip, for nigeria vision 20. This abridged version summarizes, in five sections, the focus, objectives, strategies. 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. Among, and perhaps the most recent of these development plans is the nigerias vision 20.